Fox (FOXA) Receives a Hold 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 Wednesday at $24.73.

According to TipRanks.com, Venkateshwar is a 4-star analyst with an average return of 4.1% and a 56.3% success rate. Venkateshwar covers the Services sector, focusing on stocks such as Charter Communications, Sirius XM Holdings, and Warner Music Group.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fox with a $29.00 average price target, which is a 14.4% upside from current levels. In a report issued on July 21, Needham also assigned a Hold rating to the stock.

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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 4.44M.

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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.