FY2017 EPS Estimates for British Sky Broadcasting Group PLC Reduced by Analyst (SKYAY)
British Sky Broadcasting Group PLC (OTC:SKYAY) – Research analysts at Jefferies Group dropped their FY2017 earnings per share estimates for British Sky Broadcasting Group PLC in a research report issued on Monday. Jefferies Group analyst J. Dellis now anticipates that the firm will post earnings of $2.84 per share for the year, down from their previous estimate of $2.96. Jefferies Group also issued estimates for British Sky Broadcasting Group PLC’s FY2018 earnings at $3.40 EPS.
A number of other research analysts have also recently issued reports on SKYAY. Kepler Capital Markets raised shares of British Sky Broadcasting Group PLC from a “hold” rating to a “buy” rating in a report on Tuesday, September 27th. Morgan Stanley raised shares of British Sky Broadcasting Group PLC from an “equal weight” rating to an “overweight” rating in a report on Monday, September 19th.
British Sky Broadcasting Group PLC (OTC:SKYAY) traded down 2.90% during midday trading on Tuesday, reaching $42.76. The company had a trading volume of 39,016 shares. British Sky Broadcasting Group PLC has a 1-year low of $41.80 and a 1-year high of $69.11. The stock has a market capitalization of $18.26 billion, a PE ratio of 21.73 and a beta of 0.82. The firm’s 50 day moving average is $45.16 and its 200 day moving average is $50.02.
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About British Sky Broadcasting Group PLC
Sky plc, formerly British Sky Broadcasting Group plc is an entertainment company. The Company serves approximately 21 million customers across five countries: Italy, Germany, Austria, the United Kingdom and Ireland. The Company owns and operates Britain and Ireland’s portfolio of pay television (TV) channels across entertainment, sports, movies and 24-hour news.
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