Sky Plc (LON:SKY) Rating Reaffirmed
Nomura now has a GBX 1400.00 PT on shares of Sky Plc (LON:SKY). The PT may imply a potential upside of 25.56% from the stock price of Sky Plc (LON:SKY). This rating was disclosed in an analyst research report on Thursday, 3 December.
From a total of 14 analysts covering Sky Plc (LON:SKY) stock, 8 rate it a ”Buy”, 3 a “Sell”, and 3 a ”Hold”. This means that 57% of the ratings are positive. The highest target price is GBX 1500 while the lowest target price is GBX 1. The mean of all analyst targets is GBX 1157.25 with a 2.62% above today’s (GBX 1127.69) stock price. Sky Plc was the topic of 50 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 3 with “Buy” rating. Barclays Capital maintained shares with “Overweight” rating and GBX 1175 target share price in a report from an October 28. Deutsche Bank maintained SKY stock in a recent report from November 20 with “Buy” rating. RBC Capital Markets maintained the rating on October 22. RBC Capital Markets has a “Underperform” rating and a GBX 1000 price target on shares. Finally, Liberum Capital maintained the stock with “Sell” rating in a report issued on a November 16.
The stock increased 0.06% or GBX 0.69 on December 2, striking GBX 1127.69. Approximately shares of stock traded hands. SKY PLC (LON:SKY) has risen 5.13% since May 6, 2015 and is uptrending. It has outperformed by 5.42% the S&P500.
Sky plc, formerly British Sky Broadcasting Group plc is an entertainment company. The company has a market cap of 19.37 billion GBP. The Firm serves approximately 21 million clients across five countries: Italy, Germany, Austria, the United Kingdom and Ireland. It has 14.43 P/E ratio. The Firm owns and operates Britain and Ireland’s portfolio of pay television channels across entertainment, sports, movies and 24-hour news.
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