SKY (SKY) Rating Reiterated by Credit Suisse Group
SKY (LON:SKY)‘s stock had its “neutral” rating reiterated by stock analysts at Credit Suisse Group in a report issued on Tuesday. They presently have a GBX 1,075 ($14.85) price objective on the stock. Credit Suisse Group’s target price would indicate a potential downside of 0.65% from the stock’s previous close.
Other research analysts have also issued reports about the company. Liberum Capital lifted their price objective on SKY from GBX 930 ($12.85) to GBX 970 ($13.40) and gave the stock a “hold” rating in a research report on Wednesday. Royal Bank of Canada reissued an “outperform” rating on shares of SKY in a research report on Tuesday, January 16th. Citigroup reissued a “buy” rating and issued a GBX 1,130 ($15.61) price objective on shares of SKY in a research report on Monday, December 18th. Shore Capital reissued a “hold” rating on shares of SKY in a research report on Thursday, January 25th. Finally, Societe Generale reissued a “buy” rating and issued a GBX 1,320 ($18.24) price objective on shares of SKY in a research report on Friday, January 26th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 1,122 ($15.50).
SKY (LON SKY) traded up GBX 21 ($0.29) during mid-day trading on Tuesday, hitting GBX 1,082 ($14.95). The stock had a trading volume of 13,328,760 shares, compared to its average volume of 3,670,000. SKY has a 1 year low of GBX 11.40 ($0.16) and a 1 year high of GBX 1,100.60 ($15.21). The company has a market cap of $18,670.00 and a price-to-earnings ratio of 2,080.77.
In other news, insider Tracy Jayne Clarke bought 75 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The stock was acquired at an average cost of GBX 940 ($12.99) per share, with a total value of £705 ($974.03). Insiders purchased a total of 214 shares of company stock valued at $213,797 over the last ninety days.
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SKY Company Profile
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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