Brean Capital Initiates Coverage on Twenty-First Century Fox Inc to Hold

Brean Capital Initiates Coverage on Twenty-First Century Fox Inc(NASDAQ:FOXA). The shares have been rated Hold. The rating by Brean Capital was issued on Jul 6, 2016.

In a different note, On May 5, 2016, Goldman Sachs said it Maintains its rating on Twenty-First Century Fox Inc. In the research note, the firm Raises the price-target to $32.00 per share. The shares have been rated ‘Buy’ by the firm. On May 5, 2016, Pacific Crest said it Maintains its rating on Twenty-First Century Fox Inc. In the research note, the firm Raises the price-target to $34.00 per share. The shares have been rated ‘Overweight’ by the firm.

Twenty-First Century Fox Inc (FOXA) made into the market gainers list on Mondays trading session with the shares advancing 0.25% or 0.07 points. Due to strong positive momentum, the stock ended at $27.77, which is also near the day’s high of $27.99. The stock began the session at $27.73 and the volume stood at 63,18,849 shares. The 52-week high of the shares is $34.7 and the 52 week low is $22.66. The company has a current market capitalization of $52,603 M and it has 1,89,42,46,900 shares in outstanding.

Twenty-First Century Fox Inc(FOXA) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $7.23B. Analysts had an estimated revenue of $7.17B. Earnings per share were $0.47. Analysts had estimated an EPS of $0.47.

Twenty-First Century Fox Inc. is a media and entertainment company. The Company operates through segments: Cable Network Programming Television Filmed Entertainment and Other Corporate and Eliminations. The Company produces and licenses news business news sports general entertainment factual entertainment and movie programming for distribution primarily through cable television systems direct broadcast satellite operators telecommunications companies and online video distributors in the United States and internationally. The Company is engaged in the operation of broadcast television stations and the broadcasting of network programming in the United States. The Company is engaged in the production and acquisition of live-action and animated motion pictures for distribution and licensing in all formats in all entertainment media and the production and licensing of television programming around the world.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *