SKY (LON:SKY) had its price objective boosted by Liberum Capital from GBX 930 ($12.85) to GBX 970 ($13.40) in a research report released on Wednesday morning. They currently have a hold rating on the stock.

SKY has been the topic of a number of other reports. Citigroup reissued a buy rating on shares of SKY in a research report on Tuesday, November 7th. Royal Bank of Canada reissued an outperform rating on shares of SKY in a research report on Tuesday, January 16th. Societe Generale reissued a buy rating and issued a GBX 1,320 ($18.24) price target on shares of SKY in a research report on Friday, January 26th. Credit Suisse Group reissued a neutral rating and issued a GBX 1,075 ($14.85) price target on shares of SKY in a research report on Monday, December 18th. Finally, Shore Capital reissued a hold rating on shares of SKY in a research report on Thursday, January 25th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of GBX 1,122 ($15.50).

Shares of SKY (LON SKY) opened at GBX 1,089 ($15.05) on Wednesday. The firm has a market capitalization of $18,690.00 and a P/E ratio of 2,094.23. SKY has a 12-month low of GBX 11.40 ($0.16) and a 12-month high of GBX 1,100.60 ($15.21).

SKY (LON:SKY) last issued its quarterly earnings results on Thursday, January 25th. The company reported GBX 31.30 ($0.43) EPS for the quarter. SKY had a return on equity of 27.18% and a net margin of 7.96%. The firm had revenue of GBX 673.70 billion for the quarter.

The firm also recently disclosed a dividend, which will be paid on Monday, April 23rd. Investors of record on Thursday, March 22nd will be given a GBX 13.06 ($0.18) dividend. The ex-dividend date is Thursday, March 22nd. This is a boost from SKY’s previous dividend of $10.00. This represents a yield of 1.23%.

In other SKY news, insider Tracy Jayne Clarke acquired 70 shares of the stock in a transaction that occurred on Thursday, December 21st. The shares were acquired at an average cost of GBX 1,019 ($14.08) per share, with a total value of £713.30 ($985.49). Insiders purchased a total of 214 shares of company stock worth $213,797 over the last ninety days.

COPYRIGHT VIOLATION NOTICE: This article was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this article on another site, it was illegally stolen and reposted in violation of U.S. and international copyright legislation. The original version of this article can be viewed at https://theolympiareport.com/2018/02/15/sky-sky-price-target-raised-to-gbx-970.html.

About SKY

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.

Analyst Recommendations for SKY (LON:SKY)

Receive News & Ratings for SKY Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SKY and related companies with MarketBeat.com's FREE daily email newsletter.