SKY has been the topic of a number of other reports. Goldman Sachs Group Inc. reissued a buy rating on shares of Sky Plc in a research report on Tuesday, September 27th. Liberum Capital reissued a sell rating and set a GBX 630 ($7.68) price target on shares of Sky Plc in a research report on Thursday, September 22nd. Morgan Stanley reissued an overweight rating and set a GBX 1,000 ($12.19) price target on shares of Sky Plc in a research report on Tuesday, September 27th. Barclays PLC reissued an overweight rating and set a GBX 950 ($11.58) price target on shares of Sky Plc in a research report on Wednesday, August 31st. Finally, Macquarie reissued an outperform rating and set a GBX 1,400 ($17.06) price target on shares of Sky Plc in a research report on Thursday, August 25th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 969.52 ($11.82).
Sky Plc (LON:SKY) opened at 837.50 on Thursday. The firm’s 50 day moving average is GBX 864.18 and its 200-day moving average is GBX 903.86. The firm’s market cap is GBX 14.31 billion. Sky Plc has a 12 month low of GBX 560.00 and a 12 month high of GBX 1,134.00.
The company also recently disclosed 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 news, insider Sukawaty,Andrew (Andy) acquired 114 shares of Sky Plc stock in a transaction that occurred on Friday, August 26th. The stock was bought at an average price of GBX 870 ($10.60) per share, with a total value of £991.80 ($1,208.78). Also, insider Dave Lewis acquired 337 shares of Sky Plc stock in a transaction that occurred on Tuesday, September 27th. The shares were purchased at an average cost of GBX 842 ($10.26) per share, with a total value of £2,837.54 ($3,458.31).
About Sky Plc
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.
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