Gilford Securities provided color on Entravision Communications EVC in a research report published today. Gilford Securities has previously given Entravision Communications a Buy rating.
In the report, Gilford Securities states, "This TV season has seen continuation of Spanish-language TV audience increasing substantially while Anglo TV continues to dramatically drop. EVC is Univision Network's largest affiliate. Hence, when Univision's audience is up 9.6%, while Anglo TV on the 4 largest broadcast networks is off 9.8%, EVC benefits a lot."
Shares of Entravision Communications closed today at $2.22, down 5.93% from Friday's market close.
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Posted In: Analyst ColorAnalyst RatingsBroadcasting & Cable TVConsumer Discretionarygilford securities
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