British Sky Broadcasting Group Price Target Raised to GBX 1,170 at Goldman Sachs Group Inc. (BSY)
Equities research analysts at Goldman Sachs Group Inc. hoisted their price objective on shares of British Sky Broadcasting Group (LON:BSY) from GBX 1,010 ($15.79) to GBX 1,170 ($18.29) in a research note issued to investors on Tuesday, AnalystRatings.Net reports. The firm currently has a “strong-buy” rating on the stock. Goldman Sachs Group Inc.’s price objective would suggest a potential upside of 37.32% from the stock’s previous close.
Shares of British Sky Broadcasting Group (LON:BSY) traded up 1.01% during mid-day trading on Tuesday, hitting GBX 852.00. 1,971,542 shares of the company’s stock traded hands. British Sky Broadcasting Group has a 52 week low of GBX 703.75 and a 52 week high of GBX 905.50. The stock’s 50-day moving average is GBX 838.9 and its 200-day moving average is GBX 833.6. The company’s market cap is £13.402 billion.
BSY has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated an “outperform” rating on shares of British Sky Broadcasting Group (LON:BSY) in a research note to investors on Tuesday, September 3rd. They now have a GBX 985 ($15.40) price target on the stock. Separately, analysts at AlphaValue reiterated a “buy” rating on shares of British Sky Broadcasting Group (LON:BSY) in a research note to investors on Thursday, August 22nd. They now have a GBX 1,024 ($16.01) price target on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of British Sky Broadcasting Group (LON:BSY) from GBX 950 ($14.85) to GBX 1,000 ($15.63) in a research note to investors on Wednesday, August 21st. They now have a “buy” rating on the stock.
Six investment analysts have rated the stock with a sell rating, six have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 860.11 ($13.45).
British Sky Broadcasting Group plc (LON:BSY) and its subsidiaries operates multichannel, multiplatform pay television service in the United Kingdom and Ireland.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.