Broker recommendations for Fox Corp.
The Fox Corp. stock is rated at 1.673077 (on a scale 1-3, where 1 is ‘strong buy‘ and 3 is ‘strong sell‘) from Wednesday 5 August, 2020 by a total of 26 brokers. This means that the consensus of the 26 different brokers is leaning toward to moderate buy/hold.
Sell
3 (11.54%) Underweight
0 (0%) Hold
11 (42.31%) Overweight
1 (3.85%) Buy
11 (42.31%)
Price target by analysts
The 23 latest analyst estimates, per Friday 7 August, 2020, show the following high, low and average price targets.
Target Average: 28.98 USD
Target High: 35 USD
Target Low: 20 USD
Fox News set to broaden its reach with new overseas streaming service
Wednesday, 12 August 2020, 03:52:16
Rupert Murdoch’s Fox Corp said Tuesday it was launching a stand-alone streaming service for its news and business channels that would be available in 20 countries by year’s end.
— FRANCE 24
Fox News set to broaden its reach with new streaming service available across the world
Wednesday, 12 August 2020, 03:52:16
Rupert Murdoch’s Fox Corp said Tuesday it was launching a stand-alone streaming service for its news and business channels that would be available in 20 countries by year’s end.
— FRANCE 24
Lachlan Murdoch fires back at James in memo to Fox staff in which he praises their news coverage
Friday, 7 August 2020, 02:15:03
James Murdoch, left, quit the board of News Corp at the end of last month. On Thursday Lachlan, right, who is the CEO of Fox Corporation praised Fox staff.
— Daily Mail Online
Lachlan Murdoch touts Fox Corporation achievements in memo to staff: ‘These successes are due to you’
Thursday, 6 August 2020, 21:58:12
Fox Corporation Executive Chairman and Chief Executive Officer Lachlan Murdoch sent a company-wide memo to staffers on Thursday touting the company’s success amid the coronavirus pandemic as the first full fiscal year as Fox Corporation wrapped up.
— Fox News
Fox Poised For More Growth In Political Ad Revenue, Needham Says After Q4 Report
Wednesday, 5 August 2020, 17:42:03
Fox Corp (NASDAQ: FOXA ) reported fourth-quarter revenue and earnings Tuesday that were ahead of estimates on the back of news and affiliate renewals, according to Needham. The Fox Analyst: Laura Martin maintained a Hold rating on Fox. The Fox Thesis: The company faces low revenue risk ahead, with 70% of its affiliate revenues being renewed in fiscal 2020 and only 5% coming up for renewals in each of the next two fiscal years, Martin said in the Wednesday note. (See her track record here .) EBITDA margins in the cable network segment came in much better than expected due to … Full story available on Benzinga.com
— Benzinga
