What is Wall Street's Target Price for Fox Corp Class A (FOXA) Stock Friday?

Friday, December 29, 2023 02:38 PM | InvestorsObserver Analysts

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Analysts who follow Fox Corp Class A (FOXA) on average expect it to add 17.25% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns Fox Corp Class A an Analyst Ranking of 14, which means it ranks higher than 14 of stocks, based on data compiled by InvestorsObserver.

Wall Street analysts are rating FOXA a Buy today. Find out what this means to you and get the rest of the rankings on FOXA!
See Full FOXA Report

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Fox Corp Class A Stock Today?

Fox Corp Class A (FOXA) stock is trading at $29.55 as of 2:31 PM on Friday, Dec 29, a drop of -$0.19, or -0.63% from the previous closing price of $29.74. The stock has traded between $29.47 and $29.80 so far today. Volume today is light. So far 660,391 shares have traded compared to average volume of 4,338,468 shares. Click Here to get the full Stock Report for Fox Corp Class A stock.

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