Sky Plc (LON:SKY) has received an average recommendation of “Hold” from the twenty-two brokerages that are currently covering the firm. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 1,107.35 ($14.32).

SKY has been the subject of several recent research reports. Liberum Capital reiterated a “hold” rating and set a GBX 1,060 ($13.71) price target on shares of Sky Plc in a report on Tuesday. Credit Suisse Group AG reiterated a “neutral” rating and set a GBX 1,075 ($13.90) price target on shares of Sky Plc in a report on Thursday, January 26th. Beaufort Securities reiterated a “buy” rating on shares of Sky Plc in a report on Friday, January 27th. BNP Paribas reiterated a “neutral” rating and set a GBX 1,075 ($13.90) price target on shares of Sky Plc in a report on Monday, January 16th. Finally, Royal Bank of Canada decreased their price target on Sky Plc from GBX 1,125 ($14.55) to GBX 1,075 ($13.90) and set an “outperform” rating for the company in a report on Wednesday, April 19th.

In other news, insider Tracy Jayne Clarke purchased 63 shares of the business’s stock in a transaction dated Monday, February 27th. The stock was bought at an average price of GBX 998 ($12.91) per share, for a total transaction of £628.74 ($813.17). Also, insider Matthieu Pigasse purchased 257 shares of the business’s stock in a transaction dated Thursday, April 27th. The shares were purchased at an average price of GBX 984 ($12.73) per share, with a total value of £2,528.88 ($3,270.67). Insiders have bought a total of 418 shares of company stock valued at $411,900 in the last quarter.

TRADEMARK VIOLATION WARNING: This story was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this story on another website, it was illegally copied and reposted in violation of US and international copyright and trademark laws. The original version of this story can be read at https://www.americanbankingnews.com/2017/05/09/sky-plc-sky-given-average-recommendation-of-hold-by-brokerages.html.

Sky Plc (LON:SKY) traded up 0.05% during trading on Tuesday, hitting GBX 995.00. 1,524,514 shares of the company traded hands. The stock has a 50-day moving average price of GBX 981.31 and a 200-day moving average price of GBX 939.08. Sky Plc has a 12-month low of GBX 560.00 and a 12-month high of GBX 1,050.00. The firm’s market capitalization is GBX 17.00 billion.

Sky Plc Company Profile

Sky plc is an entertainment and communications company. The Company is engaged in operation of pay television broadcasting and home communications services, including provision of broadband and telephone operations. It operates through three segments: UK and Ireland, which includes activities and operations of the pay television, home communications and adjacent businesses in the United Kingdom and Ireland; Germany and Austria, which includes activities and operations of the pay television and adjacent businesses in Germany and Austria, and Italy, which includes activities and operations of the pay television and adjacent businesses in Italy.

Receive News & Ratings for Sky Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sky Plc and related companies with MarketBeat.com's FREE daily email newsletter.