Twenty-First Century Fox (FOXA) Price Target Raised to $37.00 at BMO Capital Markets
Twenty-First Century Fox (NASDAQ:FOXA) had its price objective increased by analysts at BMO Capital Markets from $35.00 to $37.00 in a research note issued on Monday. The brokerage currently has a “market perform” rating on the stock. BMO Capital Markets’ price target would indicate a potential upside of 3.55% from the company’s previous close.
A number of other equities analysts also recently issued reports on the company. B. Riley increased their price objective on Twenty-First Century Fox from $29.00 to $36.00 and gave the stock a “neutral” rating in a report on Friday, November 17th. Cowen reiterated a “hold” rating and issued a $37.00 price objective on shares of Twenty-First Century Fox in a report on Friday, December 22nd. Pivotal Research downgraded Twenty-First Century Fox from a “buy” rating to a “hold” rating and increased their price objective for the stock from $37.00 to $38.00 in a report on Tuesday, January 9th. Rosenblatt Securities reiterated a “buy” rating and issued a $40.00 price objective on shares of Twenty-First Century Fox in a report on Monday, December 4th. Finally, Loop Capital downgraded Twenty-First Century Fox from a “hold” rating to a “sell” rating and set a $31.00 price objective for the company. in a report on Thursday, December 21st. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the company. Twenty-First Century Fox has a consensus rating of “Buy” and a consensus price target of $37.73.
Twenty-First Century Fox (FOXA) opened at $35.73 on Monday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.77 and a current ratio of 2.16. The company has a market capitalization of $66,190.82, a P/E ratio of 16.70, a P/E/G ratio of 1.85 and a beta of 1.32. Twenty-First Century Fox has a twelve month low of $24.81 and a twelve month high of $39.13.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in FOXA. Cerebellum GP LLC purchased a new stake in shares of Twenty-First Century Fox during the fourth quarter valued at $106,000. Mint Tower Capital Management B.V. purchased a new stake in shares of Twenty-First Century Fox during the third quarter valued at $110,000. Rockefeller Financial Services Inc. purchased a new stake in shares of Twenty-First Century Fox during the third quarter valued at $113,000. Zions Bancorporation boosted its position in Twenty-First Century Fox by 86.4% in the third quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock worth $130,000 after purchasing an additional 2,276 shares during the last quarter. Finally, Tiedemann Wealth Management LLC purchased a new position in Twenty-First Century Fox in the third quarter worth about $148,000. 53.52% of the stock is currently owned by hedge funds and other institutional investors.
Twenty-First Century Fox Company Profile
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.
Receive News & Ratings for Twenty-First Century Fox Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox and related companies with MarketBeat.com's FREE daily email newsletter.