British Sky Broadcasting Group Receives “Equal weight” Rating from Morgan Stanley (BSY)
British Sky Broadcasting Group (LON:BSY)‘s stock had its “equal weight” rating restated by research analysts at Morgan Stanley in a report released on Thursday, StockRatingsNetwork.com reports. They currently have a GBX 860 ($14.11) price objective on the stock. Morgan Stanley’s price target points to a potential upside of 2.02% from the company’s current price.
A number of other analysts have also recently weighed in on BSY. Analysts at Berenberg Bank reiterated a “sell” rating on shares of British Sky Broadcasting Group in a research note to investors on Wednesday. They now have a GBX 750 ($12.30) price target on the stock. Separately, analysts at Jefferies Group upgraded shares of British Sky Broadcasting Group to a “hold” rating in a research note to investors on Tuesday. They now have a GBX 860 ($14.11) price target on the stock. Finally, 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. 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 a consensus rating of “Hold” and a consensus target price of GBX 878.55 ($14.41).
British Sky Broadcasting Group (LON:BSY) opened at 842.50 on Thursday. British Sky Broadcasting Group has a 52-week low of GBX 761.307 and a 52-week high of GBX 951.00. The stock’s 50-day moving average is GBX 817.3 and its 200-day moving average is GBX 846.8. The company’s market cap is £13.244 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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