News Corp PT Raised to $20.00 by UBS AG (NWSA)

Equities research analysts at UBS AG (NYSE: UBS) boosted their price target on shares of News Corp (NASDAQ: NWSA) from $19.00 to $20.00 in a research note issued to investors on Thursday. They currently have a “neutral” rating on the company’s shares.

Separately, analysts at Deutsche Bank (NYSE: DB) raised their price target on shares of News Corp from $20.50 to $23.75 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Analysts at Wedbush reiterated an “outperform” rating on shares of News Corp in a research note to investors on Tuesday. Also, analysts at Wedbush raised their price target on shares of News Corp from $20.00 to $21.00 in a research note to investors on Tuesday.

News Corporation is a diversified global media company. It has operations in eight segments: Filmed Entertainment, Television, Cable Network Programming, Direct Broadcast Satellite Television, Integrated Marketing Services, Newspapers and Information Services, Book Publishing, and Others. The Company’s activities are conducted in the United States, the United Kingdom, Continental Europe, Australia, Asia and Latin America. In April 2010, the Company completed the sale of bTV, its Bulgarian terrestrial television business, to Central European Media Enterprises (CME). In June 2010, the Company acquired Skiff, LLC.

Shares of News Corp opened at 19.175 on Thursday. News Corp has a 52 week low of $13.38 and a 52 week high of $19.79. The stock’s 50-day moving average is $18.77 and its 200-day moving average is $17.08. The company has a market cap of $48.333 billion and a P/E ratio of 18.85.

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Posted by Web Inquirer Staff on 11 Feb 2012. Filed under Markets. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.