British Sky Broadcasting Group plc Earns “Outperform” Rating from BNP Paribas (BSY)
British Sky Broadcasting Group plc (LON:BSY)‘s stock had its “outperform” rating reaffirmed by investment analysts at BNP Paribas in a note issued to investors on Tuesday. They currently have a GBX 985 ($16.35) target price on the stock. BNP Paribas’ price target points to a potential upside of 11.68% from the stock’s previous close.
Shares of British Sky Broadcasting Group plc (LON:BSY) opened at 885.0001 on Tuesday. 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 874.4 and a 200-day moving average of GBX 890.7. The company’s market cap is £13.682 billion.
The company also recently announced a dividend, which is scheduled for Friday, December 5th. Stockholders of record on Thursday, November 13th will be paid a dividend of GBX 20 ($0.33) per share. This represents a dividend yield of 2.29%. The ex-dividend date is Thursday, November 13th.
BSY has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “hold” rating on shares of British Sky Broadcasting Group plc in a research note on Tuesday, August 19th. They now have a GBX 925 ($15.35) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of British Sky Broadcasting Group plc in a research note on Friday, August 8th. They now have a GBX 1,639 ($27.20) price target on the stock. Finally, analysts at Berenberg Bank raised their price target on shares of British Sky Broadcasting Group plc from GBX 680 ($11.28) to GBX 800 ($13.28) in a research note on Friday, August 8th. They now have a “sell” rating on the stock. Seven research analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 937.40 ($15.56).
British Sky Broadcasting Group plc (LON:BSY) is an entertainment and communications provider.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.