Twenty-First Century Fox (FOXA) : The consensus on Twenty-First Century Fox (FOXA) based on 19 analyst recommendation on the company stock is 1.79, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 10 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Twenty-First Century Fox (FOXA) : The most positive equity analysts on Twenty-First Century Fox (FOXA) expects the shares to touch $39, whereas, the least positive believes that the stock will trade at $30 in the short term. The company is covered by 14 Wall Street Brokerage Firms. The average price target for shares are $33.43 with an expected fluctuation of $2.28 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Also, Equity analysts at the Brokerage firm Credit Suisse maintains its rating on Twenty-First Century Fox (NASDAQ:FOXA). The rating major has initiated the coverage with outperform rating on the shares. The Analysts at Credit Suisse lowers the price target from $40 per share to $38 per share. The rating by the firm was issued on July 25, 2016.
Twenty-First Century Fox (NASDAQ:FOXA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.60 and $26.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.16. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.04, notching a gain of 1.27% for the day. The total traded volume was 14,261,236 . The stock had closed at $26.70 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.