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News Corporation Shs B Chess Depository Interests repr 1 Sh (NWS) Receives a Buy from UBS

Tipranks - Tipranks - 1 hour ago

UBS analyst Ailsa Lei maintained a Buy rating on News Corporation Shs B Chess Depository Interests repr 1 Sh today and set a price target of A$56.00.

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Lei covers the Communication Services sector, focusing on stocks such as Southern Cross Media Group Limited, Nine Entertainment Co. Holdings Limited, and News Corporation Shs B Chess Depository Interests repr 1 Sh. According to TipRanks, Lei has an average return of 1.5% and a 33.33% 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$54.05 average price target.

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Based on News Corporation Shs B Chess Depository Interests repr 1 Sh’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$2.4 billion and a net profit of A$196.19 million. In comparison, last year the company earned a revenue of A$2.24 billion and had a net profit of A$215 million

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