British Sky Broadcasting Group Upgraded to “Hold” by Jefferies Group (BSY)
British Sky Broadcasting Group (LON:BSY) was upgraded by analysts at Jefferies Group to a “hold” rating in a research report issued to clients and investors on Tuesday, AnalystRatings.NET reports. The firm currently has a GBX 860 ($14.11) target price on the stock. Jefferies Group’s price target indicates a potential upside of 2.32% from the company’s current price.
Shares of British Sky Broadcasting Group (LON:BSY) traded up 0.54% on Tuesday, hitting GBX 840.50. 2,486,824 shares of the company’s stock traded hands. British Sky Broadcasting Group has a 52 week low of GBX 761.307 and a 52 week high of GBX 951.00. The stock has a 50-day moving average of GBX 817.3 and a 200-day moving average of GBX 846.8. The company’s market cap is £13.213 billion.
Other equities research analysts have also recently issued reports about 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 Monday. They now have a GBX 700 ($11.48) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of British Sky Broadcasting Group in a research note to investors on Tuesday, December 10th. They now have a GBX 1,100 ($18.04) 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 Friday, December 6th. They now have a GBX 985 ($16.16) price target on the stock. Seven analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company. British Sky Broadcasting Group currently has an average rating of “Hold” and a consensus target price of GBX 878.55 ($14.41).
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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