Twenty-First Century Fox (NASDAQ:FOXA) was upgraded by equities researchers at B. Riley from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Tuesday. The brokerage currently has a $46.00 price target on the stock, up from their prior price target of $38.00. B. Riley’s price objective indicates a potential upside of 25.24% from the company’s current price.
Other research analysts also recently issued research reports about the stock. Piper Jaffray Companies reiterated a “buy” rating on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Jefferies Group reiterated a “buy” rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Guggenheim restated a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research report on Tuesday, October 10th. Rosenblatt Securities restated a “buy” rating and issued a $40.00 price target on shares of Twenty-First Century Fox in a research report on Monday, December 4th. Finally, BMO Capital Markets restated a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research report on Wednesday, November 22nd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $36.36.
Twenty-First Century Fox (NASDAQ FOXA) opened at $36.73 on Tuesday. The company has a market cap of $68,043.35, a price-to-earnings ratio of 22.81, a P/E/G ratio of 2.21 and a beta of 1.34. Twenty-First Century Fox has a twelve month low of $24.81 and a twelve month high of $36.96. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09.
Institutional investors have recently modified their holdings of the company. Mint Tower Capital Management B.V. acquired a new stake in shares of Twenty-First Century Fox during the 3rd quarter valued at about $110,000. Rockefeller Financial Services Inc. acquired a new stake in shares of Twenty-First Century Fox during the 3rd quarter valued at about $113,000. Zions Bancorporation boosted its position in shares of Twenty-First Century Fox by 86.4% during the 3rd quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock valued at $130,000 after acquiring an additional 2,276 shares in the last quarter. Stelac Advisory Services LLC acquired a new stake in shares of Twenty-First Century Fox during the 3rd quarter valued at about $150,000. Finally, Valeo Financial Advisors LLC acquired a new stake in shares of Twenty-First Century Fox during the 3rd quarter valued at about $176,000. Institutional investors and hedge funds own 54.44% 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.
