Breaking: 21st Century Fox (NASDAQ:FOXA) Hold Rating Reconfirmed by Analysts at Cowen & Co. Today; The Target is Set to $37.0

April 17, 2018 - By Vivian Currie

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) Logo

21st Century Fox (NASDAQ:FOXA) Rating Reaffirmed

The firm has just set a target price per share of $37.0 on 21st Century Fox (NASDAQ:FOXA) shares. This is -1.88 % from the previous close. In an analyst note sent to investors and clients on 22 December, Cowen & Co. reconfirmed their Hold rating on shares of FOXA.

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) Ratings Coverage

Among 13 analysts covering 21st Century Fox (NASDAQ:FOXA), 6 have Buy rating, 1 Sell and 6 Hold. Therefore 46% are positive. 21st Century Fox has $44.0 highest and $31.0 lowest target. $38.89’s average target is 3.13% above currents $37.711 stock price. 21st Century Fox had 22 analyst reports since October 24, 2017 according to SRatingsIntel. The rating was initiated by Loop Capital Markets on Friday, March 16 with “Buy”. B. Riley & Co upgraded the shares of FOXA in report on Tuesday, January 16 to “Buy” rating. As per Thursday, December 7, the company rating was maintained by Wells Fargo. The rating was maintained by KeyBanc Capital Markets on Sunday, November 19 with “Buy”. The stock has “Hold” rating by Cowen & Co on Friday, December 22. Jefferies maintained the shares of FOXA in report on Thursday, December 21 with “Buy” rating. The stock of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has “Buy” rating given on Wednesday, November 22 by BMO Capital Markets. The firm has “Hold” rating by FBR Capital given on Friday, November 17. The firm has “Hold” rating given on Monday, February 5 by Cowen & Co. The company was maintained on Wednesday, November 1 by Piper Jaffray.

The stock increased 1.81% or $0.671 during the last trading session, reaching $37.711. About 5.40 million shares traded. Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has risen 14.36% since April 17, 2017 and is uptrending. It has outperformed by 2.81% the S&P500.

Analysts await Twenty-First Century Fox, Inc. (NASDAQ:FOXA) to report earnings on May, 9. They expect $0.56 earnings per share, up 3.70 % or $0.02 from last year’s $0.54 per share. FOXA’s profit will be $1.03 billion for 16.84 P/E if the $0.56 EPS becomes a reality. After $0.42 actual earnings per share reported by Twenty-First Century Fox, Inc. for the previous quarter, Wall Street now forecasts 33.33 % EPS growth.

Twenty-First Century Fox, Inc., together with its subsidiaries, operates as a diversified media and entertainment firm primarily in the United States, the United Kingdom, Continental Europe, Asia, and Latin America. The company has market cap of $69.55 billion. It operates through Cable Network Programming, Television, and Filmed Entertainment divisions. It has a 17.74 P/E ratio. The firm 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, telecommunication companies, and online video distributors.

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: