Jarden Remains a Buy on News Corporation Shs B Chess Depository Interests repr 1 Sh (NWS)

In a report released on November 10, Tom Beadle from Jarden maintained a Buy rating on News Corporation Shs B Chess Depository Interests repr 1 Sh, with a price target of A$51.70.

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Beadle covers the Communication Services sector, focusing on stocks such as News Corporation Shs B Chess Depository Interests repr 1 Sh, Nine Entertainment Co. Holdings Limited, and TPG Telecom Limited. According to TipRanks, Beadle has an average return of 1.2% and a 58.05% success rate on recommended stocks.

In addition to Jarden, News Corporation Shs B Chess Depository Interests repr 1 Sh also received a Buy from Morgan Stanley’s Andrew McLeod in a report issued on November 10. However, on November 7, TR | OpenAI – 4o reiterated a Hold rating on News Corporation Shs B Chess Depository Interests repr 1 Sh (ASX: NWS).

Based on News Corporation Shs B Chess Depository Interests repr 1 Sh’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of A$2.11 billion and a net profit of A$743 million. In comparison, last year the company earned a revenue of A$2.58 billion and had a net profit of A$50 million