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.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, November 8th. The company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.48 by $0.01. The firm had revenue of $7 billion for the quarter, compared to the consensus estimate of $6.80 billion. Twenty-First Century Fox had a net margin of 10.30% and a return on equity of 21.41%. The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 EPS. analysts expect that Twenty-First Century Fox will post 1.99 earnings per share for the current fiscal year.

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.

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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)

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