Nomura Increases Twenty-First Century Fox Price Target to $41.00 (FOX)
Analysts at Nomura lifted their price target on shares of Twenty-First Century Fox (NYSE:FOX) to $41.00 in a research report issued to clients and investors on Wednesday. Nomura’s price target would indicate a potential upside of 19.43% from the company’s current price.
Shares of Twenty-First Century Fox (NYSE:FOX) opened at 34.33 on Wednesday. Twenty-First Century Fox has a 1-year low of $28.93 and a 1-year high of $35.65. The stock’s 50-day moving average is $34.16 and its 200-day moving average is $32.64. The company has a market cap of $76.431 billion and a price-to-earnings ratio of 25.10.
Twenty-First Century Fox (NYSE:FOX) last released its earnings data on Friday, May 9th. The company reported $0.47 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.37 by $0.10. Analysts expect that Twenty-First Century Fox will post $1.54 EPS for the current fiscal year.
A number of other firms have also recently commented on FOX. Analysts at Goldman Sachs downgraded shares of Twenty-First Century Fox to a “buy” rating in a research note on Tuesday. Analysts at Jefferies Group initiated coverage on shares of Twenty-First Century Fox in a research note on Thursday, June 26th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $36.23.
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.