Twenty-First Century Fox, Inc. (NASDAQ:FOXA)‘s stock had its “buy” rating reaffirmed by equities research analysts at BMO Capital Markets in a report issued on Wednesday. They presently have a $35.00 target price on the stock. BMO Capital Markets’ price target would indicate a potential upside of 14.34% from the company’s current price.

FOXA has been the subject of several other research reports. Jefferies Group LLC restated a “buy” rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a research note on Tuesday, September 26th. B. Riley raised their target price on shares of Twenty-First Century Fox from $29.00 to $36.00 and gave the stock a “neutral” rating in a research note on Friday, November 17th. Piper Jaffray Companies assumed coverage on shares of Twenty-First Century Fox in a research note on Friday, August 11th. They issued an “overweight” rating and a $35.00 target price for the company. Royal Bank Of Canada restated an “outperform” rating and issued a $34.00 target price (down previously from $35.00) on shares of Twenty-First Century Fox in a research note on Thursday, November 9th. Finally, KeyCorp restated a “buy” rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a research note on Sunday, September 10th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. Twenty-First Century Fox presently has a consensus rating of “Buy” and an average price target of $33.60.

Shares of Twenty-First Century Fox (NASDAQ FOXA) traded down $0.27 during trading on Wednesday, reaching $30.61. 4,604,267 shares of the company’s stock traded hands, compared to its average volume of 8,753,272. Twenty-First Century Fox has a 52 week low of $24.81 and a 52 week high of $32.60. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73. The stock has a market cap of $56,798.51, a P/E ratio of 15.97, a P/E/G ratio of 2.10 and a beta of 1.26.

Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, November 8th. The company reported $0.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.01. Twenty-First Century Fox had a net margin of 10.30% and a return on equity of 21.41%. The company had revenue of $7 billion during the quarter, compared to analysts’ expectations of $6.80 billion. During the same quarter last year, the business earned $0.51 EPS. The business’s revenue was up 7.6% on a year-over-year basis. sell-side analysts anticipate that Twenty-First Century Fox will post 1.98 earnings per share for the current year.

TRADEMARK VIOLATION NOTICE: “Twenty-First Century Fox’s (FOXA) Buy Rating Reiterated at BMO Capital Markets” was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark laws. The original version of this news story can be accessed at https://www.americanbankingnews.com/2017/11/22/twenty-first-century-foxs-foxa-buy-rating-reiterated-at-bmo-capital-markets.html.

A number of institutional investors and hedge funds have recently made changes to their positions in FOXA. Grove Bank & Trust raised its position in Twenty-First Century Fox by 1,328.3% during the second quarter. Grove Bank & Trust now owns 3,785 shares of the company’s stock worth $107,000 after acquiring an additional 3,520 shares during the last quarter. Mint Tower Capital Management B.V. acquired a new position in Twenty-First Century Fox during the third quarter worth about $110,000. Rockefeller Financial Services Inc. acquired a new position in Twenty-First Century Fox during the third quarter worth about $113,000. State of Alaska Department of Revenue raised its position in Twenty-First Century Fox by 4.8% during the second quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock worth $123,000 after acquiring an additional 200 shares during the last quarter. Finally, Zions Bancorporation raised its position in Twenty-First Century Fox by 86.4% during the third quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock worth $130,000 after acquiring an additional 2,276 shares during the last quarter. Institutional investors own 54.28% of the company’s stock.

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.

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

Receive News & Ratings for Twenty-First Century Fox Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox Inc. and related companies with MarketBeat.com's FREE daily email newsletter.