|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||191.00 - 198.07|
|52-week range||100.00 - 241.52|
|Beta (5Y monthly)||0.83|
|PE ratio (TTM)||473.89|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||09 Apr 2020|
|1y target est||N/A|
Because of the potential for expanded cooperation between FanDuel parent Flutter Entertainment (OTC: PDYPF) and Fox (NASDAQ: FOX)(NASDAQ: FOXA), the news and sports broadcaster, one analyst believes the latter's stock possesses as much as 34% upside. Wells Fargo analyst Steven Cahall recently upgraded Fox from equal weight to overweight, which is the equivalent of a buy recommendation, and set a price target of $47 per share. In a research note to investors, Cahall said there are two catalysts to Fox's stock appreciating 34% over the next few years.
Susquehanna Growth Equity, an investment fund affiliated with SIG, has made a significant minority investment in Smarkets, Yahoo Finance UK can reveal.
Fox Corp (NASDAQ:FOXA) shares rose more than 3% in Wednesday’s trading, reacting positively to Wells Fargo 's (NYSE:WFC)’s upgrade of the stock to ‘overweight’. Wells Fargo analyst Steven Cahall says the stock could benefit from Fox’s presence in sports gambling, pointing out investments such as Credible Labs and Fox Bet as proof of the Murdoch company pivoting toward sports betting. Sports gambling is a rapidly-emerging opportunity in the U.S. as more and more states lift restrictions to increase their tax collections.