12-05-2025
Morgan Stanley Remains a Buy on News Corporation Shs B Chess Depository Interests repr 1 Sh (NWS)
In a report released today, Andrew McLeod from Morgan Stanley maintained a Buy rating on News Corporation Shs B Chess Depository Interests repr 1 Sh (NWS – Research Report). The company's shares closed last Friday at A$51.35.
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McLeod covers the Communication Services sector, focusing on stocks such as News Corp, REA Group Ltd, and Seek Limited. According to TipRanks, McLeod has an average return of 1.6% and a 50.00% success rate on recommended stocks.
Currently, the analyst consensus on News Corporation Shs B Chess Depository Interests repr 1 Sh is a Strong Buy with an average price target of A$61.00, implying a 18.79% upside from current levels. In a report released on May 9, UBS also maintained a Buy rating on the stock with a A$68.00 price target.
