News Corporation (NWSA) has an average broker rating of 1.75, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.
News Corporation (NWSA) : 6 Wall Street analysts covering News Corporation (NWSA) believe that the average level the stock could reach for the short term is $16.15. The maximum price target given is $18 and the minimum target for short term is around $14, hence the standard deviation is calculated at $1.64.
News Corporation (NASDAQ:NWSA): The stock opened at $11.19 on Wednesday but the bulls could not build on the opening and the stock topped out at $11.27 for the day. The stock traded down to $11.05 during the day, due to lack of any buying support eventually closed down at $11.23 with a loss of -0.09% for the day. The stock had closed at $11.24 on the previous day. The total traded volume was 3,704,454 shares.
Also, CLSA downgrades its view on News Corporation (NASDAQ:NWSA) according to the research report released by the firm to its investors. The shares have now been rated Outperform by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on May 9, 2016. The company shares have dropped -20.62% from its 1 Year high price. On Aug 13, 2015, the shares registered one year high at $15.92 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $11.61 and the 200 Day Moving Average price is recorded at $12.03.
News Corporation is a diversified media and information services company. The Company is focused on creating and distributing content to consumers and businesses throughout the world. The Company operates through six segments: News and Information Services; Book Publishing; Digital Real Estate Services; Cable Network Programming; Digital Education, and Other. The Company comprises businesses across a range of media, including news and information services, book publishing, digital real estate services, cable network programming in Australia, digital education and pay-television distribution in Australia, that are distributed under brands, including the Wall Street Journal, Dow Jones, the Australian, Herald Sun, the Sun, the Times, HarperCollins Publishers, FOX SPORTS Australia, realestate.com.au, realtor.com and Foxtel. The Company also owns around 50% stake in Foxtel, the pay-television provider in Australia, which is accounted for as an equity investment.