SKY (SKY) Rating Reiterated by Liberum Capital
SKY (LON:SKY)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a research note issued to investors on Monday. They currently have a GBX 1,060 ($14.37) price objective on the stock. Liberum Capital’s price objective would suggest a potential upside of 5.26% from the stock’s previous close.
Several other analysts have also recently issued reports on SKY. Credit Suisse Group restated a “neutral” rating and issued a GBX 1,075 ($14.58) target price on shares of SKY in a report on Friday. Shore Capital restated a “hold” rating on shares of SKY in a report on Friday, December 15th. Citigroup dropped their target price on SKY from GBX 1,350 ($18.31) to GBX 1,130 ($15.32) and set a “buy” rating for the company in a report on Wednesday, November 1st. Finally, S&P Global set a GBX 1,075 ($14.58) target price on SKY and gave the company a “buy” rating in a report on Friday, October 13th. One analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of GBX 1,100.45 ($14.92).
Shares of SKY (LON SKY) traded down GBX 3 ($0.04) on Monday, hitting GBX 1,007 ($13.66). The company had a trading volume of 1,180,000 shares, compared to its average volume of 4,010,000. SKY has a 52-week low of GBX 11.40 ($0.15) and a 52-week high of GBX 1,028.50 ($13.95). The stock has a market capitalization of $17,310.00 and a PE ratio of 2,517.50.
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.
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