Twenty-First Century Fox (NASDAQ:FOXA) stock is expected to deviate a maximum of $3.65 from the average target price of $34.31 for the short term period. 16 Street Experts have initiated coverage on the stock with the most promising target being $45 and the most muted being $30.
Twenty-First Century Fox, Inc. has lost 7.36% in the last five trading days and dropped 7.84% in the last 4 weeks. Twenty-First Century Fox, Inc. has dropped 5.39% during the last 3-month period . Year-to-Date the stock performance stands at 0.14%. Also, Major Brokerage house, Goldman Sachs maintains its ratings on Twenty-First Century Fox (NASDAQ:FOXA). In the latest research report, Goldman Sachs raises the target price from $32 per share to $35 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on May 5, 2016.
Twenty-First Century Fox (NASDAQ:FOXA) : 9 brokerage houses believe that Twenty-First Century Fox (NASDAQ:FOXA) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Twenty-First Century Fox (NASDAQ:FOXA). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 18 Wall Street Analysts endorse the stock as a Buy with a rating of 1.83.
Twenty-First Century Fox (NASDAQ:FOXA): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.13 and $26.86 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.27. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.05, notching a gain of 0.19% for the day. The total traded volume was 15,012,081 . The stock had closed at $27.00 on the previous day.
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.