21st Century Fox (NASDAQ:FOXA) has been downgraded from Outperform to Mkt Perform in a statement by Bernstein earlier today.
- Updated: September 16, 2016
Bernstein has downgraded 21st Century Fox(NASDAQ:FOXA) from Outperform to Mkt Perform in a report released on 9/16/2016.
Yesterday 21st Century Fox (NASDAQ:FOXA) traded 0.59% higher at $23.84. FOXA’s 50-day moving average is $25.22 and its 200-day moving average is $27.72. With the last stock price down 13.98% relative to the 200-day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. Volume of trade was was up over the average, with 17,392,337 shares of FOXA changing hands over the typical 10,733,300 shares..
Recent Performance Graphic:
With a total market value of $0.0, 21st Century Fox has a one-year low of $22.66 and a 52 week high of $31.40 with a P/E ratio of 17.
A total of 29 analysts have released a ratings update on FOXA. Eight firms rate the company a strong buy, 16 analysts rate the company a buy, 10 analyts rate the company a hold, 0 rate the stock to underperform, and lastly 0 firmsrate the stock as sell with a 12-month target of $34.21
Brief Synopsis On 21st Century Fox (NASDAQ:FOXA)
Twenty-First Century Fox, Inc. is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution. The Television segment is engaged in the operation of broadcast television stations and the broadcasting of network programming in the United States. The Filmed Entertainment segment 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. The Other, Corporate and Eliminations segment consists primarily of corporate overhead and eliminations, and and other businesses.
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