British Sky Broadcasting Group Receives “Buy” Rating from Nomura (BSY)
British Sky Broadcasting Group (LON:BSY)‘s stock had its “buy” rating reaffirmed by equities researchers at Nomura in a research report issued on Monday, AnalystRatingsNetwork.com reports. They currently have a GBX 975 ($15.64) target price on the stock. Nomura’s target price points to a potential upside of 11.11% from the company’s current price.
British Sky Broadcasting Group (LON:BSY) traded down 0.06% during mid-day trading on Monday, hitting GBX 877.4999. 1,505,566 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 844.7 and its 200-day moving average is GBX 834.9. The company’s market cap is £13.803 billion.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated an “underperform” rating on shares of British Sky Broadcasting Group in a research note to investors on Friday. They now have a GBX 700 ($11.23) price target on the stock. Separately, analysts at AlphaValue downgraded shares of British Sky Broadcasting Group to an “add” rating in a research note to investors on Thursday. They now have a GBX 1,029 ($16.51) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of British Sky Broadcasting Group in a research note to investors on Monday, September 30th. They now have a GBX 985 ($15.80) price target on the stock. Six research analysts have rated the stock with a sell rating, seven have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. British Sky Broadcasting Group currently has an average rating of “Hold” and an average target price of GBX 875.03 ($14.04).
British Sky Broadcasting Group plc (LON:BSY) and its subsidiaries operates multichannel, multiplatform pay television service in the United Kingdom and Ireland.
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