Analysts at Liberum Capital Maintain their Past ‘Sell’ rating on Shares Sky Plc (LON:SKY), Set a GBX 530.00 Price Objective

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Sky Plc (LON:SKY) Rating Reaffirmed

They currently have a GBX 530.00 TP on Sky Plc (LON:SKY). The target price by Liberum Capital would suggest a potential downside of -53.20% from the company’s previous close. This has been disclosed in a recent 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 2.41% above today’s (GBX 1130) 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.

Approximately 302,268 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.

Analysts at Liberum Capital Maintain their Past ‘Sell’ rating on Shares Sky Plc (LON:SKY), Set a GBX 530.00 Price Objective

Sky plc, formerly British Sky Broadcasting Group plc is an entertainment company. The company has a market cap of 19.41 billion GBP. The Firm serves approximately 21 million clients across five countries: Italy, Germany, Austria, the United Kingdom and Ireland. It has 14.46 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.

According to Zacks Investment Research, “Skyline Corporation designs, produces and distributes manufactured housing and recreational vehicles.” Get a free copy of the Zacks research report on SKY PLC (SKY).

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