Numis Securities Ltd Reiterates “Add” Rating for British Sky Broadcasting Group (BSY)
British Sky Broadcasting Group (LON:BSY)‘s stock had its “add” rating reiterated by investment analysts at Numis Securities Ltd in a note issued to investors on Monday, AR Network reports. They currently have a GBX 941 ($15.51) price target on the stock. Numis Securities Ltd’s target price suggests a potential upside of 12.09% from the stock’s previous close.
A number of other firms have also recently commented on BSY. Analysts at Morgan Stanley reiterated an “equal weight” rating on shares of British Sky Broadcasting Group in a research note to investors on Thursday. They now have a GBX 860 ($14.17) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “sell” rating on shares of British Sky Broadcasting Group in a research note to investors on Wednesday, January 8th. They now have a GBX 750 ($12.36) price target on the stock. Finally, analysts at Jefferies Group upgraded shares of British Sky Broadcasting Group to a “hold” rating in a research note to investors on Tuesday, January 7th. They now have a GBX 860 ($14.17) price target on the stock. Seven investment analysts have rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 875.23 ($14.42).
British Sky Broadcasting Group (LON:BSY) traded up 0.06% during mid-day trading on Monday, hitting GBX 839.5001. The stock had a trading volume of 2,054,224 shares. 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 817.9 and its 200-day moving average is GBX 848.1. The company’s market cap is £13.197 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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