British Sky Broadcasting Group Given Buy Rating at Deutsche Bank (BSY)
British Sky Broadcasting Group (LON:BSY)‘s stock had its “buy” rating restated by Deutsche Bank in a research note issued on Friday, Stock Ratings Network.com reports. They currently have a GBX 1,100 ($18.12) price target on the stock. Deutsche Bank’s price objective suggests a potential upside of 25.57% from the company’s current price.
Shares of British Sky Broadcasting Group (LON:BSY) opened at 876.00 on Friday. 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 835.2 and a 200-day moving average of GBX 851.. The company’s market cap is £13.771 billion.
The company also recently declared a dividend, which is scheduled for Tuesday, April 22nd. Stockholders of record on Wednesday, March 26th will be given a dividend of GBX 12 ($0.20) per share. This represents a yield of 1.36%. The ex-dividend date of this dividend is Wednesday, March 26th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Prime Markets reiterated a “buy” rating on shares of British Sky Broadcasting Group in a research note to investors on Thursday. They now have a GBX 930 ($15.32) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of British Sky Broadcasting Group in a research note to investors on Thursday. They now have a GBX 1,110 ($18.29) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of British Sky Broadcasting Group in a research note to investors on Thursday. They now have a GBX 941 ($15.51) price target on the stock. Eight investment analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 880.23 ($14.50).
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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