Wall Street is neutral on News Corp Class B (NWS). On average, analysts give the stock a Strong Sell rating. The average price target is $10, which means analysts expect the stock to decrease by -29.78% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 1, which is better than 1% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With News Corp Class B Stock Today?
News Corp Class B (NWS) stock has gained 0.49% while the S&P 500 is unmoved 0% as of 11:34 AM on Monday, Oct 5. NWS is up $0.07 from the previous closing price of $14.17 on volume of 129,731 shares. Over the past year the S&P 500 has gained 13.94% while NWS is up 2.15%. NWS lost -$2.16 per share the over the last 12 months.