News Corp (NWS) Stock Recommendation

Stock analysts, Macquarie Research Equities (MRE) have reiterated their stance that News Corp (NWS) stock is excellent value giving a range of a low end valuation of $30.67 and a high end valuation of $36.48 but an overall 12 month share price target of $33.58. The share price target is based on the strong growth of a number of NewsCorp divisions which could possibly drive the share price higher. MRE have commented that "Good operating leverage in a range of businesses which are lesstied to the health of the US economy and more to the growing share of wallet that movies, TV and internet represent, both at the consumer and the business level."

News Corp Limited is listed on the Australian Stock Exchange (ASX) under stock code NWS. You can view their investor website here. NWS is a diversified international media and entertainment company. Find out the meaning of the recommendations in this primer. Browse for other broker recommendations. Check your charts and good luck with your share trading!