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Analyst Rating: Will Fox Corp Class B (FOX) Stock Outperform the Market?

Thursday, August 11, 2022 02:11 PM | InvestorsObserver Analysts

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Analyst Rating: Will Fox Corp Class B (FOX) Stock Outperform the Market?

Wall Street is positive on Fox Corp Class B (FOX). On average, analysts give the stock a Buy rating. The average price target is $41, which means analysts expect the stock to add by 22.68% over the next twelve months. That average ranking earns the stock an Analyst Rating of 32, which is better than 32% of stocks based on data compiled by InvestorsObserver.

Overall Score - 4
Wall Street analysts are rating FOX a Buy today. Find out what this means to you and get the rest of the rankings on FOX!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

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

Fox Corp Class B (FOX) stock is trading at $33.42 as of 2:10 PM on Thursday, Aug 11, an increase of $1.05, or 3.23% from the previous closing price of $32.37. The stock has traded between $32.69 and $33.67 so far today. Volume today is 887,990 compared to average volume of 806,277. Click Here to get the full Stock Report for Fox Corp Class B stock.

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