News Corp. Now Covered by Analysts at Guggenheim (NWSA)
Equities research analysts at Guggenheim initiated coverage on shares of News Corp. (NASDAQ:NWSA) in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.
NWSA has been the subject of a number of other recent research reports. Analysts at Evercore Partners initiated coverage on shares of News Corp. in a research note to investors on Tuesday, October 1st. They set an “equal weight” rating and a $18.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of News Corp. in a research note to investors on Thursday, September 26th. They now have a $18.00 price target on the stock. Finally, analysts at Telsey Advisory Group cut their price target on shares of News Corp. from $20.00 to $19.00 in a research note to investors on Thursday, August 22nd. They now have a “not rated” rating on the stock. Eleven analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $28.78.
News Corp. (NASDAQ:NWSA) traded up 1.05% on Thursday, hitting $17.29. The stock had a trading volume of 4,734,938 shares. News Corp. has a one year low of $14.39 and a one year high of $17.26. The stock has a 50-day moving average of $16.04 and a 200-day moving average of $15.78. The company has a market cap of $10.008 billion and a P/E ratio of 19.67.
News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other.
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