British Sky Broadcasting Group Rating Reiterated by Numis Securities Ltd (BSY)
British Sky Broadcasting Group (LON:BSY)‘s stock had its “add” rating reaffirmed by research analysts at Numis Securities Ltd in a report released on Wednesday, AnalystRatingsNetwork reports. They currently have a GBX 941 ($15.45) price objective on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 9.80% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of British Sky Broadcasting Group in a research note to investors on Wednesday. They now have a GBX 1,100 ($18.06) price target on the stock. Separately, analysts at Berenberg Bank cut their price target on shares of British Sky Broadcasting Group from GBX 750 ($12.31) to GBX 680 ($11.16) in a research note to investors on Wednesday. They now have a “sell” rating on the stock. Finally, analysts at Nomura reiterated a “reduce” rating on shares of British Sky Broadcasting Group in a research note to investors on Tuesday. They now have a GBX 870 ($14.28) price target on the stock. Eight equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company’s stock. British Sky Broadcasting Group currently has an average rating of “Hold” and an average target price of GBX 862.50 ($14.16).
British Sky Broadcasting Group (LON:BSY) opened at 859.50 on Wednesday. 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 823.6 and its 200-day moving average is GBX 850.3. The company’s market cap is £13.511 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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