British Sky Broadcasting Group’s Outperform Rating Reaffirmed at Macquarie (BSY)
British Sky Broadcasting Group (LON:BSY)‘s stock had its “outperform” rating restated by equities researchers at Macquarie in a research report issued on Tuesday, AnalystRatings.Net reports. They currently have a GBX 900 ($14.37) target price on the stock. Macquarie’s price objective suggests a potential upside of 2.62% from the company’s current price.
British Sky Broadcasting Group (LON:BSY) opened at 877.4999 on Tuesday. British Sky Broadcasting Group has a 1-year low of GBX 703.75 and a 1-year 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.
Other equities research analysts have also recently issued reports about the stock. Analysts at Morgan Stanley reiterated an “equal weight” rating on shares of British Sky Broadcasting Group in a research note to investors on Tuesday. They now have a GBX 860 ($13.73) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of British Sky Broadcasting Group in a research note to investors on Tuesday. They now have a GBX 935 ($14.93) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of British Sky Broadcasting Group in a research note to investors on Tuesday. Seven analysts have rated the stock with a sell rating, nine have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. British Sky Broadcasting Group currently has a consensus rating of “Hold” and a consensus price target of GBX 869.99 ($13.89).
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.