Twenty-First Century Fox Inc. (NASDAQ:FOXA)‘s stock had its “buy” rating reissued by Jefferies Group in a note issued to investors on Tuesday. They currently have a $35.00 price target on the stock, up from their previous price target of $32.00. Jefferies Group’s target price points to a potential upside of 23.24% from the company’s current price.

Several other research firms have also recently issued reports on FOXA. TheStreet upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating in a report on Wednesday, November 16th. FBR & Co reiterated a “hold” rating on shares of Twenty-First Century Fox in a report on Thursday, November 3rd. Brean Capital reiterated a “hold” rating on shares of Twenty-First Century Fox in a report on Thursday, November 3rd. Credit Suisse Group AG lowered their price objective on Twenty-First Century Fox from $40.00 to $38.00 and set an “outperform” rating on the stock in a report on Monday, July 25th. Finally, Pivotal Research lowered their target price on Twenty-First Century Fox from $36.00 to $34.00 and set a “buy” rating on the stock in a report on Thursday, August 4th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nineteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $31.69.

Analyst Recommendations for Twenty-First Century Fox (NASDAQ:FOXA)

Shares of Twenty-First Century Fox (NASDAQ:FOXA) opened at 28.40 on Tuesday. The stock has a 50 day moving average price of $26.23 and a 200 day moving average price of $26.58. The stock has a market capitalization of $52.69 billion, a P/E ratio of 18.77 and a beta of 1.28. Twenty-First Century Fox has a one year low of $22.66 and a one year high of $31.25.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, November 2nd. The company reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.07. Twenty-First Century Fox had a return on equity of 23.28% and a net margin of 10.45%. The company had revenue of $6.51 billion for the quarter, compared to analysts’ expectations of $6.49 billion. During the same period in the previous year, the firm posted $0.38 EPS. Twenty-First Century Fox’s revenue was up 7.1% compared to the same quarter last year. Equities analysts forecast that Twenty-First Century Fox will post $1.91 earnings per share for the current year.

A number of institutional investors have recently added to or reduced their stakes in FOXA. NEXT Financial Group Inc increased its position in Twenty-First Century Fox by 93.7% in the third quarter. NEXT Financial Group Inc now owns 4,697 shares of the company’s stock valued at $114,000 after buying an additional 2,272 shares in the last quarter. Synovus Financial Corp increased its position in Twenty-First Century Fox by 53.1% in the third quarter. Synovus Financial Corp now owns 4,965 shares of the company’s stock valued at $120,000 after buying an additional 1,723 shares in the last quarter. Iowa State Bank bought a new position in Twenty-First Century Fox during the second quarter valued at about $126,000. Johnson Financial Group Inc. increased its position in Twenty-First Century Fox by 5,109.9% in the second quarter. Johnson Financial Group Inc. now owns 4,741 shares of the company’s stock valued at $128,000 after buying an additional 4,650 shares in the last quarter. Finally, SevenBridge Financial Group LLC bought a new position in Twenty-First Century Fox during the second quarter valued at about $166,000. Institutional investors own 54.33% of the company’s stock.

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Twenty-First Century Fox Company Profile

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.

5 Day Chart for NASDAQ:FOXA

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