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Twenty-First Century Fox (NASDAQ:FOXA)‘s stock had its “buy” rating reaffirmed by research analysts at TheStreet in a report released on Friday, American Banking and Market News reports.

The analysts wrote, “Twenty-First Century Fox (FOXA) has been reiterated by TheStreet Ratings as a buy with a ratings score of B. The company’s strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.”

FOXA has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Twenty-First Century Fox in a research note to investors on Friday, January 17th. They now have a $34.00 price target on the stock. Separately, analysts at Nomura initiated coverage on shares of Twenty-First Century Fox in a research note to investors on Wednesday, January 15th. They set a “buy” rating and a $40.00 price target on the stock. Finally, analysts at Ascendiant Capital Markets initiated coverage on shares of Twenty-First Century Fox in a research note to investors on Thursday, December 19th. They set a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating, twenty have assigned a buy rating and two have assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $37.50.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.33 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.35 by $0.02. The company had revenue of $7.06 billion for the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter last year, the company posted $0.38 earnings per share. Twenty-First Century Fox’s revenue was up 17.6% compared to the same quarter last year.

Twenty-First Century Fox, Inc, formerly News Corporation, has a portfolio of cable, broadcast, film, pay television and satellite assets spanning six continents across the globe.

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