Deutsche Bank Reiterates “Buy” Rating for British Sky Broadcasting Group (BSY)
British Sky Broadcasting Group (LON:BSY)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank in a report issued on Tuesday, Stock Ratings News reports. They currently have a GBX 1,000 ($15.96) target price on the stock. Deutsche Bank’s price target suggests a potential upside of 14.35% from the stock’s previous close.
A number of other firms have also recently commented on BSY. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of British Sky Broadcasting Group in a research note to investors on Thursday, October 10th. They now have a GBX 1,014 ($16.19) price target on the stock. Separately, analysts at Westhouse Securities reiterated an “add” rating on shares of British Sky Broadcasting Group in a research note to investors on Thursday, October 10th. They now have a GBX 934 ($14.91) price target on the stock. Finally, analysts at Investec downgraded shares of British Sky Broadcasting Group to a “reduce” rating in a research note to investors on Wednesday, October 9th. They now have a GBX 825 ($13.17) price target on the stock. Seven research analysts have rated the stock with a sell rating, nine have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 869.99 ($13.89).
British Sky Broadcasting Group (LON:BSY) traded down 0.29% during mid-day trading on Tuesday, hitting GBX 874.50. 2,543,812 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 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 £13.756 billion.
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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