Jefferies Group Analysts Lower Earnings Estimates for British Sky Broadcasting Group PLC (SKYAY)
British Sky Broadcasting Group PLC (OTC:SKYAY) – Equities research analysts at Jefferies Group decreased their FY2017 EPS estimates for shares of British Sky Broadcasting Group PLC in a research note issued on Monday. Jefferies Group analyst J. Dellis now expects that the brokerage will earn $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 brokerages have also commented on SKYAY. 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. 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.
British Sky Broadcasting Group PLC (OTC:SKYAY) traded down 1.74% during midday trading on Tuesday, hitting $41.77. 30,030 shares of the stock were exchanged. The company has a 50 day moving average price of $45.03 and a 200 day moving average price of $49.91. The firm has a market capitalization of $17.84 billion, a price-to-earnings ratio of 21.22 and a beta of 0.82. British Sky Broadcasting Group PLC has a one year low of $40.85 and a one year high of $69.11.
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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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