This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.
Positive Report for News Class B (NWS) from Macquarie
News Class B received a Buy rating and price target from Macquarie analyst David Fabris on May 8.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
According to TipRanks, Fabris is a 2-star analyst with an average return of 1.8% and a 44.74% success rate.
The analyst consensus on News Class B is currently a Moderate Buy rating.
Based on News Class B’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.19 billion and a net profit of $170 million. In comparison, last year the company earned a revenue of $2.01 billion and had a net profit of $103 million
Read More on NWS:
Disclaimer & DisclosureReport an Issue
- News Corp. upgraded to Outperform from Neutral at Macquarie
- News Corp. price target raised to $34 from $32.40 at Morgan Stanley
- AI Models Turn More Positive on NWS as Valuation and Earnings Momentum Align
- News Corp. reports Q3 adjusted EPS 21c, consensus 20c
- James Murdoch in talks to buy Vox’s NY Magazine, podcast division, WSJ says
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
