Several other analysts have also issued reports on SKY. BNP Paribas upped their price target on shares of Sky Plc from GBX 1,050 ($13.71) to GBX 1,100 ($14.36) and gave the company a neutral rating in a research report on Wednesday, June 1st. Morgan Stanley reaffirmed an equal weight rating and set a GBX 1,100 ($14.36) price objective on shares of Sky Plc in a research note on Monday, June 6th. Haitong Bank reaffirmed a sell rating and set a GBX 875 ($11.42) price objective on shares of Sky Plc in a research note on Tuesday, June 7th. Deutsche Bank AG reaffirmed a buy rating and set a GBX 1,500 ($19.58) price objective on shares of Sky Plc in a research note on Friday, June 10th. Finally, Liberum Capital reaffirmed a sell rating and set a GBX 530 ($6.92) price objective on shares of Sky Plc in a research note on Friday, June 10th. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company. Sky Plc currently has a consensus rating of Hold and an average price target of GBX 1,050.41 ($13.71).
Sky Plc (LON:SKY) opened at 893.930786 on Tuesday. Sky Plc has a 1-year low of GBX 560.00 and a 1-year high of GBX 1,134.00. The firm’s 50-day moving average price is GBX 858.78 and its 200-day moving average price is GBX 915.29. The firm’s market cap is GBX 15.27 billion.
The business also recently announced a dividend, which will be paid on Friday, October 28th. Investors of record on Thursday, October 6th will be issued a GBX 20.95 ($0.27) dividend. The ex-dividend date of this dividend is Thursday, October 6th. This represents a yield of 2.32%. This is a boost from Sky Plc’s previous dividend of $12.55.
In other Sky Plc news, insider Sukawaty,Andrew (Andy) purchased 114 shares of the firm’s stock in a transaction on Friday, August 26th. The shares were acquired at an average cost of GBX 870 ($11.36) per share, for a total transaction of £991.80 ($1,294.61). Also, insider Lewis,Dave purchased 312 shares of the firm’s stock in a transaction on Wednesday, July 27th. The stock was acquired at an average price of GBX 888 ($11.59) per share, for a total transaction of £2,770.56 ($3,616.45).
Sky Plc Company Profile
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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