Twenty-First Century Fox, Inc. (NASDAQ:FOXA) had its target price boosted by analysts at B. Riley from $29.00 to $36.00 in a report released on Friday. The brokerage currently has a “neutral” rating on the stock. B. Riley’s target price indicates a potential upside of 15.57% from the stock’s current price.

A number of other equities analysts have also commented on FOXA. Jefferies Group LLC reissued a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research note on Saturday, July 22nd. Credit Suisse Group reissued a “buy” rating on shares of Twenty-First Century Fox in a research note on Thursday, August 3rd. Cowen and Company reissued a “market perform” rating and issued a $32.00 price objective (down previously from $33.00) on shares of Twenty-First Century Fox in a research note on Thursday, August 10th. Royal Bank Of Canada reissued an “outperform” rating and issued a $35.00 price objective (up previously from $33.00) on shares of Twenty-First Century Fox in a research note on Thursday, August 10th. Finally, Piper Jaffray Companies started coverage on Twenty-First Century Fox in a research note on Friday, August 11th. They issued an “overweight” rating and a $35.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the company. Twenty-First Century Fox presently has a consensus rating of “Buy” and a consensus target price of $33.65.

Shares of Twenty-First Century Fox (NASDAQ FOXA) opened at $31.15 on Friday. Twenty-First Century Fox has a 1 year low of $24.81 and a 1 year high of $32.60. The firm has a market capitalization of $57,660.39, a price-to-earnings ratio of 16.22, a price-to-earnings-growth ratio of 2.14 and a beta of 1.26. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. The firm had revenue of $7 billion for the quarter, compared to analysts’ expectations of $6.80 billion. During the same period in the prior year, the business posted $0.51 earnings per share. The business’s revenue was up 7.6% compared to the same quarter last year. equities research analysts anticipate that Twenty-First Century Fox will post 1.98 EPS for the current fiscal year.

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Several hedge funds have recently modified their holdings of FOXA. Grove Bank & Trust raised its position in shares of Twenty-First Century Fox by 1,328.3% in the second quarter. Grove Bank & Trust now owns 3,785 shares of the company’s stock worth $107,000 after buying an additional 3,520 shares in the last quarter. Mint Tower Capital Management B.V. purchased a new stake in shares of Twenty-First Century Fox in the third quarter worth $110,000. Rockefeller Financial Services Inc. bought a new position in Twenty-First Century Fox in the third quarter valued at $113,000. State of Alaska Department of Revenue increased its stake in Twenty-First Century Fox by 4.8% in the second quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock valued at $123,000 after acquiring an additional 200 shares during the last quarter. Finally, Zions Bancorporation increased its stake in Twenty-First Century Fox by 86.4% in the third quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock valued at $130,000 after acquiring an additional 2,276 shares during the last quarter. Institutional investors own 53.45% of the company’s stock.

About Twenty-First Century Fox

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.

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

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