News Corporation (NWSA) : Zacks Investment Research ranks News Corporation (NWSA) as 3, which is a Hold recommendation. 4 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 1.86, which indicates as a Buy.
News Corporation (NWSA) stock is expected to deviate a maximum of $1.92 from the average target price of $16.12 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $18 and the most muted being $14.
News Corporation (NASDAQ:NWSA): The stock opened in the green at $13.72 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $13.77 and a low of $13.58 for the day. The stock did not find buyers even at the lows and closed at $13.64 recording a loss of -0.51%. 2,798,365 shares exchanged hands during the trading day. The stock had closed at $13.71 in the previous days trading.
News Corporation is a diversified media and information services company. The Company is focused on creating and distributing content to consumers and businesses throughout the world. The Company operates through six segments: News and Information Services; Book Publishing; Digital Real Estate Services; Cable Network Programming; Digital Education, and Other. The Company comprises businesses across a range of media, including news and information services, book publishing, digital real estate services, cable network programming in Australia, digital education and pay-television distribution in Australia, that are distributed under brands, including the Wall Street Journal, Dow Jones, the Australian, Herald Sun, the Sun, the Times, HarperCollins Publishers, FOX SPORTS Australia, realestate.com.au, realtor.com and Foxtel. The Company also owns around 50% stake in Foxtel, the pay-television provider in Australia, which is accounted for as an equity investment.