Fairfax Media Limited Stock Rating Reaffirmed by JPMorgan Chase (FXJ)

Fairfax Media Limited (ASX: FXJ)‘s stock had its “underweight” rating reiterated by equities research analysts at JPMorgan Chase in a research note issued to investors on Friday, StockRatingsNetwork reports.

Shares of Fairfax Media Limited (ASX: FXJ) traded up 0.97% during mid-day trading on Friday, hitting A$0.520. Fairfax Media Limited has a one year low of A$0.350 and a one year high of A$0.6725. The stock’s 50-day moving average is currently A$0.61. The company’s market cap is A$1.223 billion.

Fairfax Media Limited is engaged in publishing of news, information and entertainment, advertising sales in newspaper, magazine and digital formats, and radio broadcasting.