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Investment analysts at Morgan Stanley began coverage on shares of Twenty-First Century Fox (NASDAQ:FOXA) in a note issued to investors on Tuesday. The firm set an “overweight” rating and a $37.00 price target on the stock. Morgan Stanley’s target price would indicate a potential upside of 17.42% from the stock’s previous close.

FOXA has been the subject of a number of other recent research reports. Analysts at Cowen and Company downgraded shares of Twenty-First Century Fox from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 23rd. Separately, analysts at ISI Group downgraded shares of Twenty-First Century Fox from a “strong-buy” rating to a “buy” rating in a research note on Thursday, July 17th. Finally, analysts at Barclays initiated coverage on shares of Twenty-First Century Fox in a research note on Wednesday, July 9th. They set an “overweight” rating and a $43.00 price target on the stock. Four analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $39.44.

Shares of Twenty-First Century Fox (NASDAQ:FOXA) opened at 31.75 on Tuesday. Twenty-First Century Fox has a 1-year low of $30.67 and a 1-year high of $36.43. The stock has a 50-day moving average of $34.19 and a 200-day moving average of $33.40. The company has a market cap of $70.687 billion and a P/E ratio of 23.11.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, May 7th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.12. The company had revenue of $8.22 billion for the quarter, compared to the consensus estimate of $7.99 billion. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. On average, analysts predict that Twenty-First Century Fox will post $1.53 earnings per share for the current fiscal year.

Twenty-First Century Fox, Inc, formerly News Corporation, is a diversified global media and entertainment company with operations in cable network programming; television; filmed entertainment; direct broadcast satellite television, and other, corporate and eliminations.

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