Twenty-First Century Fox, Inc. (NASDAQ:FOXA) has been given a $36.00 price target by investment analysts at BMO Capital Markets in a report released on Friday. The firm currently has a “buy” rating on the stock. BMO Capital Markets’ price target would suggest a potential upside of 31.15% from the stock’s previous close.

Several other brokerages also recently weighed in on FOXA. Moffett Nathanson reiterated a “buy” rating on shares of Twenty-First Century Fox in a research note on Friday, June 9th. Pivotal Research reiterated a “buy” rating and set a $37.00 target price (up previously from $36.00) on shares of Twenty-First Century Fox in a research note on Sunday, April 23rd. Royal Bank Of Canada set a $33.00 target price on shares of Twenty-First Century Fox and gave the stock a “buy” rating in a research note on Monday, June 12th. ValuEngine downgraded shares of Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Rosenblatt Securities upgraded shares of Twenty-First Century Fox from a “neutral” rating to a “buy” rating and set a $33.00 target price for the company in a research note on Thursday, May 11th. Six analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $33.20.

Analyst Recommendations for Twenty-First Century Fox (NASDAQ:FOXA)

Shares of Twenty-First Century Fox (NASDAQ FOXA) traded up 1.28% during trading on Friday, reaching $27.80. The company had a trading volume of 2,563,750 shares. Twenty-First Century Fox has a 1-year low of $23.33 and a 1-year high of $32.60. The firm has a 50-day moving average of $27.96 and a 200 day moving average of $29.52. The firm has a market capitalization of $51.45 billion, a PE ratio of 17.10 and a beta of 1.34.

Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings data on Wednesday, May 10th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.06. Twenty-First Century Fox had a net margin of 10.72% and a return on equity of 24.40%. The company had revenue of $7.56 billion during the quarter, compared to the consensus estimate of $7.63 billion. During the same quarter in the prior year, the firm posted $0.47 earnings per share. Twenty-First Century Fox’s revenue for the quarter was up 4.6% on a year-over-year basis. Analysts expect that Twenty-First Century Fox will post $1.94 earnings per share for the current year.

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A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Dodge & Cox bought a new position in shares of Twenty-First Century Fox during the fourth quarter worth about $1,932,490,000. Vanguard Group Inc. boosted its position in shares of Twenty-First Century Fox by 1.2% in the first quarter. Vanguard Group Inc. now owns 67,302,155 shares of the company’s stock worth $2,179,917,000 after buying an additional 800,751 shares during the period. BlackRock Inc. boosted its position in shares of Twenty-First Century Fox by 2,105.9% in the first quarter. BlackRock Inc. now owns 57,769,482 shares of the company’s stock worth $1,871,155,000 after buying an additional 55,150,610 shares during the period. State Street Corp boosted its position in shares of Twenty-First Century Fox by 2.6% in the first quarter. State Street Corp now owns 45,901,829 shares of the company’s stock worth $1,486,981,000 after buying an additional 1,152,570 shares during the period. Finally, Wellington Management Group LLP boosted its position in shares of Twenty-First Century Fox by 4.4% in the first quarter. Wellington Management Group LLP now owns 34,076,667 shares of the company’s stock worth $1,103,742,000 after buying an additional 1,437,559 shares during the period. 54.71% of the stock is owned by institutional investors.

About Twenty-First Century Fox

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.

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