ENXTPA:TFIMedia
Assessing TF1 (ENXTPA:TFI) Valuation After Bernstein’s Downgrade On Weaker French TV Ad Outlook
Bernstein’s downgrade of TF1 (ENXTPA:TFI) from Outperform to Market Perform, tied to weaker visibility on France’s economy and softer TV advertising assumptions for the fourth quarter, has refocused attention on the broadcaster’s risk and income profile.
See our latest analysis for TF1.
TF1’s share price has eased in recent months, with a 1-day share price return of 0.96% contrasting with a 90-day share price return showing a 6.71% decline. The 1-year total shareholder return of 16.16% points...