Sky Plc (LON:BSY) has been assigned a GBX 1,029 ($12.74) price target by Goldman Sachs Group Inc. in a research note issued on Tuesday. The firm presently has a a “buy” rating on the stock. Goldman Sachs Group Inc.’s price target would suggest a potential upside of 20.99% from the stock’s previous close.
Other analysts have also recently issued reports about the stock. Morgan Stanley set a GBX 1,000 ($12.38) price target on shares of Sky Plc and gave the company a “buy” rating in a report on Tuesday, September 27th. Jefferies Group set a GBX 915 ($11.32) price target on shares of Sky Plc and gave the company a “neutral” rating in a report on Monday. Societe Generale set a GBX 1,320 ($16.34) target price on shares of Sky Plc and gave the stock a “buy” rating in a report on Friday, July 8th. Citigroup Inc. set a GBX 1,350 ($16.71) target price on shares of Sky Plc and gave the stock a “buy” rating in a report on Monday, June 13th. Finally, Barclays PLC set a GBX 950 ($11.76) target price on shares of Sky Plc and gave the stock a “buy” rating in a report on Monday, July 4th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the company’s stock. Sky Plc currently has a consensus rating of “Buy” and a consensus price target of GBX 1,077.41 ($13.33).
About Sky 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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