British Sky Broadcasting Group plc’s Buy Rating Reaffirmed at Panmure Gordon (BSY)
British Sky Broadcasting Group plc (LON:BSY)‘s stock had its “buy” rating reiterated by research analysts at Panmure Gordon in a report released on Friday. They currently have a GBX 1,639 ($27.58) price target on the stock. Panmure Gordon’s price target would suggest a potential upside of 92.82% from the company’s current price.
Shares of British Sky Broadcasting Group plc (LON:BSY) opened at 842.50 on Friday. British Sky Broadcasting Group plc has a 52-week low of GBX 773.708 and a 52-week high of GBX 943.281. The stock has a 50-day moving average of GBX 888.5 and a 200-day moving average of GBX 892.1. The company’s market cap is £13.025 billion.
The company also recently declared a dividend, which is scheduled for Friday, December 5th. Shareholders of record on Thursday, November 13th will be given a dividend of GBX 20 ($0.34) per share. This represents a yield of 2.29%. The ex-dividend date of this dividend is Thursday, November 13th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Berenberg Bank raised their price target on shares of British Sky Broadcasting Group plc from GBX 680 ($11.44) to GBX 800 ($13.46) in a research note on Friday. They now have a “sell” rating on the stock. Separately, analysts at Nomura reiterated a “neutral” rating on shares of British Sky Broadcasting Group plc in a research note on Thursday. They now have a GBX 900 ($15.14) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of British Sky Broadcasting Group plc in a research note on Wednesday. They now have a GBX 1,170 ($19.69) price target on the stock. Seven analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have assigned a buy rating to the stock. British Sky Broadcasting Group plc currently has an average rating of “Hold” and an average target price of GBX 934.80 ($15.73).
British Sky Broadcasting Group plc (LON:BSY) is an entertainment and communications provider.
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