British Sky Broadcasting Group plc PT Raised to GBX 800 at Berenberg Bank (BSY)
Investment analysts at Berenberg Bank raised their target price on shares of British Sky Broadcasting Group plc (LON:BSY) from GBX 680 ($11.44) to GBX 800 ($13.46) in a note issued to investors on Friday. The firm currently has a “sell” rating on the stock. Berenberg Bank’s price objective indicates a potential downside of 5.16% from the company’s current price.
A number of other analysts have also recently weighed in on BSY. 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. Separately, 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. Finally, analysts at Numis Securities Ltd raised their price target on shares of British Sky Broadcasting Group plc from GBX 941 ($15.83) to GBX 982 ($16.52) in a research note on Tuesday. They now have an “add” rating on the stock. Seven research analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 934.80 ($15.73).
Shares of British Sky Broadcasting Group plc (LON:BSY) traded down 0.76% on Friday, hitting GBX 843.5001. 3,860,143 shares of the company’s stock traded hands. British Sky Broadcasting Group plc has a one year low of GBX 782.50 and a one year high of GBX 954.00. The stock’s 50-day moving average is GBX 887.9 and its 200-day moving average is GBX 891.8. The company’s market cap is £13.041 billion.
The company also recently announced a dividend, which is scheduled for Friday, December 5th. Shareholders of record on Thursday, November 13th will be paid a dividend of GBX 20 ($0.34) per share. This represents a dividend yield of 2.29%. The ex-dividend date is Thursday, November 13th.
British Sky Broadcasting Group plc (LON:BSY) is an entertainment and communications provider.
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