Fairfax Media Limited Receives Neutral Rating from Commonwealth Bank (FXJ)
Fairfax Media Limited (ASX:FXJ)‘s stock had its “neutral” rating restated by Commonwealth Bank in a research note issued on Wednesday, ARN reports.
Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Fairfax Media Limited (ASX:FXJ) in a research note to investors on Sunday, June 23rd.
Fairfax Media Limited (ASX:FXJ) traded up 1.35% during mid-day trading on Wednesday, hitting A$0.5625. The stock had a trading volume of 7,571,747 shares. Fairfax Media Limited has a 52 week low of A$0.350 and a 52 week high of A$0.6725. The stock has a 50-day moving average of A$0.54 and a 200-day moving average of A$0.57. The company’s market cap is A$1.323 billion.
Fairfax Media Limited is engaged in publishing of news, information and entertainment, advertising sales in newspaper, magazine and digital formats, and radio broadcasting.
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