British Sky Broadcasting Group Receives “Add” Rating from Numis Securities Ltd (BSY)
British Sky Broadcasting Group (LON:BSY)‘s stock had its “add” rating reiterated by stock analysts at Numis Securities Ltd in a report issued on Thursday, StockRatingsNetwork.com reports. They currently have a GBX 1,014 ($16.27) target price on the stock. Numis Securities Ltd’s target price suggests a potential upside of 17.98% from the company’s current price.
British Sky Broadcasting Group (LON:BSY) opened at 862.50 on Thursday. British Sky Broadcasting Group has a 52-week low of GBX 703.75 and a 52-week high of GBX 905.50. The stock has a 50-day moving average of GBX 844.7 and a 200-day moving average of GBX 834.9. The company’s market cap is £13.567 billion.
A number of other analysts have also recently weighed in on BSY. Analysts at Westhouse Securities reiterated an “add” rating on shares of British Sky Broadcasting Group in a research note to investors on Thursday. They now have a GBX 934 ($14.98) price target on the stock. Separately, analysts at Investec downgraded shares of British Sky Broadcasting Group to a “reduce” rating in a research note to investors on Wednesday. They now have a GBX 825 ($13.24) 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 Tuesday. They now have a GBX 985 ($15.80) price target on the stock. Seven research analysts have rated the stock with a sell rating, eight have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 872.60 ($14.00).
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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