Sky Plc (LON:SKY)‘s stock had its “neutral” rating reissued by investment analysts at Credit Suisse Group in a report released on Wednesday. They currently have a GBX 1,075 ($13.88) price target on the stock. Credit Suisse Group’s target price would suggest a potential upside of 15.28% from the company’s previous close.

Several other equities research analysts have also recently issued reports on SKY. Liberum Capital reiterated a “hold” rating and set a GBX 1,060 ($13.69) price objective on shares of Sky Plc in a research report on Monday, September 11th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 1,075 ($13.88) price objective on shares of Sky Plc in a research report on Monday, July 10th. HSBC Holdings plc reiterated a “hold” rating and set a GBX 1,075 ($13.88) price objective on shares of Sky Plc in a research report on Monday, June 19th. Macquarie reiterated an “outperform” rating and set a GBX 1,100 ($14.21) price objective on shares of Sky Plc in a research report on Monday, June 12th. Finally, Shore Capital reiterated a “hold” rating on shares of Sky Plc in a research report on Thursday, July 27th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 1,128.16 ($14.57).

Sky Plc (LON:SKY) traded up 0.43% during trading on Wednesday, reaching GBX 932.50. 3,898,693 shares of the company’s stock were exchanged. Sky Plc has a 12-month low of GBX 747.50 and a 12-month high of GBX 1,050.00. The company’s market cap is GBX 15.96 billion. The stock’s 50-day moving average is GBX 954.50 and its 200-day moving average is GBX 976.63.

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In other news, insider Andrew (Andy) Sukawaty acquired 92 shares of the company’s stock in a transaction on Thursday, July 27th. The stock was bought at an average cost of GBX 966 ($12.48) per share, with a total value of £888.72 ($1,147.77). Also, insider Matthieu Pigasse acquired 101 shares of the company’s stock in a transaction on Friday, August 25th. The shares were purchased at an average cost of GBX 952 ($12.29) per share, with a total value of £961.52 ($1,241.79). Insiders have acquired 25,421 shares of company stock valued at $24,304,201 over the last ninety days.

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.

Analyst Recommendations for Sky Plc (LON:SKY)

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