Sky Plc (LON:SKY)‘s stock had its “sell” rating reiterated by equities research analysts at Liberum Capital in a research report issued to clients and investors on Thursday.
Several other analysts have also issued reports on SKY. Kepler Capital Markets reissued a “hold” rating and set a GBX 1,100 ($13.61) target price on shares of Sky Plc in a report on Tuesday, July 26th. Beaufort Securities reaffirmed a “buy” rating on shares of Sky Plc in a research note on Friday, July 29th. Societe Generale reduced their price objective on Sky Plc from GBX 1,350 ($16.71) to GBX 1,320 ($16.34) and set a “buy” rating on the stock in a research note on Friday, July 8th. BNP Paribas reaffirmed an “outperform” rating and issued a GBX 1,075 ($13.30) price objective on shares of Sky Plc in a research note on Monday, June 27th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Sky Plc in a research note on Thursday, July 28th. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 969.52 ($12.00).
Sky Plc (LON:SKY) opened at 839.00 on Thursday. The firm’s market capitalization is GBX 14.33 billion. The stock’s 50 day moving average price is GBX 865.26 and its 200 day moving average price is GBX 906.84. Sky Plc has a 52-week low of GBX 560.00 and a 52-week high of GBX 1,134.00.
The firm also recently announced a dividend, which will be paid on Friday, October 28th. Investors of record on Thursday, October 6th will be paid a dividend of GBX 20.95 ($0.26) per share. The ex-dividend date 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 Dave Lewis bought 337 shares of the firm’s stock in a transaction that occurred on Tuesday, September 27th. The stock was acquired at an average price of GBX 842 ($10.42) per share, with a total value of £2,837.54 ($3,511.81). Also, insider Darroch,Jeremy bought 61,793 shares of the firm’s stock in a transaction that occurred on Tuesday, August 30th. The shares were acquired at an average cost of GBX 864 ($10.69) per share, with a total value of £533,891.52 ($660,756.83).
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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