Sky Plc (SKY) Receives Average Rating of “Hold” from Analysts
Sky Plc (LON:SKY) has been given a consensus recommendation of “Hold” by the twenty-three ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 1,130.79 ($14.68).
A number of research analysts have recently issued reports on the stock. Liberum Capital reiterated a “hold” rating and set a GBX 1,060 ($13.76) price target on shares of Sky Plc in a research note on Wednesday, August 9th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 1,075 ($13.96) target price on shares of Sky Plc in a research report on Monday, July 10th. Shore Capital restated a “hold” rating on shares of Sky Plc in a research report on Thursday, July 27th. HSBC Holdings plc restated a “hold” rating and set a GBX 1,075 ($13.96) target price on shares of Sky Plc in a research report on Monday, June 19th. Finally, Macquarie restated an “outperform” rating and set a GBX 1,100 ($14.28) target price on shares of Sky Plc in a research report on Monday, June 12th.
In other news, insider Andrew (Andy) Sukawaty acquired 93 shares of Sky Plc stock in a transaction that occurred on Tuesday, June 27th. The shares were acquired at an average price of GBX 969 ($12.58) per share, with a total value of £901.17 ($1,169.89). Also, insider Jeremy Darroch sold 1,200,000 shares of the company’s stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of GBX 967 ($12.55), for a total transaction of £11,604,000 ($15,064,260.68). Insiders have purchased 276 shares of company stock worth $270,080 in the last three months.
WARNING: “Sky Plc (SKY) Receives Average Rating of “Hold” from Analysts” was first posted by American Banking News and is owned by of American Banking News. If you are viewing this article on another publication, it was illegally stolen and republished in violation of US and international copyright and trademark laws. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/08/19/sky-plc-sky-receives-average-rating-of-hold-from-analysts.html.
Sky Plc (SKY) opened at 952.00 on Friday. Sky Plc has a 52 week low of GBX 747.50 and a 52 week high of GBX 1,050.00. The company’s market cap is GBX 16.29 billion. The company has a 50-day moving average price of GBX 972.04 and a 200 day moving average price of GBX 983.76.
About Sky Plc
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.