SKY (SKYAY) Upgraded by Macquarie to “Outperform”

SKY (OTCMKTS:SKYAY) was upgraded by research analysts at Macquarie from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Wednesday, The Fly reports.

Other research analysts have also issued research reports about the company. Zacks Investment Research lowered SKY from a “buy” rating to a “hold” rating in a research note on Tuesday, December 26th. Liberum Capital reissued a “hold” rating on shares of SKY in a research note on Wednesday, January 24th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $83.00.

SKY (OTCMKTS SKYAY) traded down $1.29 during mid-day trading on Wednesday, reaching $73.67. The company had a trading volume of 3,740 shares, compared to its average volume of 9,505. SKY has a 12-month low of $46.90 and a 12-month high of $77.00. The company has a debt-to-equity ratio of 2.13, a quick ratio of 0.76 and a current ratio of 0.96.

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SKY 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.

The Fly

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