Twenty-First Century Fox Inc (FOXA) was Reiterated by Credit Suisse to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 40 from a previous price target of $37 . Credit Suisse advised their investors in a research report released on May 23, 2016.
Many Wall Street Analysts have commented on Twenty-First Century Fox Inc. Shares were Reiterated by Telsey Advisory Group on May 5, 2016 to “Outperform” and Lowered the Price Target to $ 30 from a previous price target of $35 .Company shares were Reiterated by Topeka Capital Markets on May 5, 2016 to “Hold”, Firm has raised the Price Target to $ 28 from a previous price target of $27 .Company shares were Reiterated by Stifel on May 5, 2016 to “Buy”, Firm has raised the Price Target to $ 32 from a previous price target of $29 .
On the company’s financial health, Twenty-First Century Fox Inc reported $0.47 EPS for the quarter, based on the information available during the earnings call on May 4, 2016. Analyst had a consensus estimate of $0.47. The company had revenue of $7228.00 million for the quarter, compared to analysts expectations of $7185.68 million. The company’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 EPS.
Twenty-First Century Fox Inc opened for trading at $27.98 and hit $28.35 on the upside on Friday, eventually ending the session at $28.14, with a gain of 0.79% or 0.22 points. The heightened volatility saw the trading volume jump to 61,74,305 shares. Company has a market cap of $30,833,730 M.
Twenty-First Century Fox Inc. is a media and entertainment company. The Company operates through segments: Cable Network Programming Television Filmed Entertainment and Other Corporate and Eliminations. The Company produces and licenses news business news sports general entertainment factual entertainment and movie programming for distribution primarily through cable television systems direct broadcast satellite operators telecommunications companies and online video distributors in the United States and internationally. The Company is engaged in the operation of broadcast television stations and the broadcasting of network programming in the United States. The Company is engaged in the production and acquisition of live-action and animated motion pictures for distribution and licensing in all formats in all entertainment media and the production and licensing of television programming around the world.