“`html
Fox Corp (Symbol: FOXA) shares recently surpassed the average analyst 12-month target price of $53.95, trading at $55.24 per share. This marks a significant milestone prompting analysts to reevaluate their ratings and price targets for the stock, which can vary widely, with estimates ranging from $43.00 to $62.00.
Currently, there are 19 analysts covering Fox Corp, with ratings indicating 8 strong buys, 1 buy, 11 holds, and 1 strong sell. The overall average rating is 2.29, where 1 represents a strong buy and 5 a strong sell. Investors are now assessing whether this price movement reflects a trend towards higher valuations or if the stock has reached its peak.
The average target price was calculated from a collective analysis, reflecting the diverse insights of multiple analysts.
“`
