British Sky Broadcasting Group PLC (OTCMKTS:SKYAY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Thursday.
According to Zacks, “Sky plc offers entertainment and communications service. The Company offers Sky TV, on demand television programs; Sky Broadband offers broadband and telephony services; NOW TV is a streaming service and provides access to the Sky’s content; Sky Sports’ channels broadcast live sport, news and analysis, from football and golf to cricket and tennis; Sky Entertainment offers entertainment channels Sky 1, Sky Living, Sky Atlantic and Sky Arts; Sky News provides news and analysis; Sky Media is an advertising sales house and offers advertisers access to television channels; Sky Business provides Sky’s television and WiFi services; Sky Bet offers online betting and gaming services. Sky plc formerly known as British Sky Broadcasting Group plc is based in Isleworth, the United Kingdom. “
Several other analysts have also recently issued reports on the company. Morgan Stanley raised British Sky Broadcasting Group PLC from an “equal” rating to a “weight” rating in a report on Monday, September 19th. Beaufort Securities reaffirmed a “buy” rating on shares of British Sky Broadcasting Group PLC in a report on Friday, September 16th. Citigroup Inc. reaffirmed a “buy” rating on shares of British Sky Broadcasting Group PLC in a report on Wednesday, July 20th. Finally, RBC Capital Markets raised British Sky Broadcasting Group PLC from an “underperform” rating to an “outperform” rating in a report on Tuesday, July 19th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $51.00.
Shares of British Sky Broadcasting Group PLC (OTCMKTS:SKYAY) opened at 44.31 on Thursday. The company has a market cap of $18.92 billion, a PE ratio of 21.76 and a beta of 0.80. The stock’s 50 day moving average is $45.21 and its 200-day moving average is $51.12. British Sky Broadcasting Group PLC has a one year low of $41.80 and a one year high of $69.11.
About British Sky Broadcasting Group PLC
Sky plc, formerly British Sky Broadcasting Group plc is an entertainment company. The Company serves approximately 21 million customers across five countries: Italy, Germany, Austria, the United Kingdom and Ireland. The Company owns and operates Britain and Ireland’s portfolio of pay television (TV) channels across entertainment, sports, movies and 24-hour news.
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