Fox (FOXA) Gets a Hold Rating from Barclays

By Ryan Adsit

In a report released yesterday, Kannan Venkateshwar from Barclays maintained a Hold rating on Fox (FOXAResearch Report), with a price target of $27.00. The company’s shares closed last Thursday at $25.54.

According to TipRanks.com, Venkateshwar is a 4-star analyst with an average return of 4.2% and a 57.4% success rate. Venkateshwar covers the Services sector, focusing on stocks such as Liberty Media Liberty SiriusXM, Charter Communications, and Clear Channel Outdoor.

Fox has an analyst consensus of Moderate Buy, with a price target consensus of $37.20.

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The company has a one-year high of $39.74 and a one-year low of $19.81. Currently, Fox has an average volume of 5.23M.

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Fox Corp. delivers compelling news, sports and entertainment content. The company provides news under the brands FOX News, FOX Business, FS1, FS2, Big Ten Network, FOX Network and FOX Television Stations. It empowers a diverse range of creators to imagine and develops culturally significant content, while building an organization that thrives on creative ideas, operational expertise and strategic thinking. The company was founded on May 3, 2018 and is headquartered in New York, NY.