UBS Remains a Buy on News Corporation Shs B Chess Depository Interests repr 1 Sh (NWS)
In a report released today, Lucy Huang from UBS maintained a Buy rating on News Corporation Shs B Chess Depository Interests repr 1 Sh, with a price target of A$67.50. The company’s shares opened today at A$46.73.
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Huang covers the Communication Services sector, focusing on stocks such as REA Group Ltd, Aussie Broadband Ltd., and CAR Group. According to TipRanks, Huang has an average return of 9.4% and a 57.89% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for News Corporation Shs B Chess Depository Interests repr 1 Sh with a A$60.70 average price target, a 29.90% upside from current levels. In a report released on October 22, Jarden also maintained a Buy rating on the stock with a A$53.00 price target.
The company has a one-year high of A$57.16 and a one-year low of A$44.11. Currently, News Corporation Shs B Chess Depository Interests repr 1 Sh has an average volume of 208.4K.
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