Sky Plc (SKYAY) Given Average Rating of “Hold” by Analysts
Sky Plc (OTCMKTS:SKYAY) has received a consensus rating of “Hold” from the six ratings firms that are currently covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company.
A number of equities analysts have commented on the stock. Zacks Investment Research raised shares of SKY from a “hold” rating to a “buy” rating and set a $90.00 price objective for the company in a report on Wednesday, September 12th. UBS Group downgraded shares of SKY from a “buy” rating to a “neutral” rating in a report on Wednesday, September 19th. Finally, Jefferies Financial Group downgraded shares of SKY from a “buy” rating to a “hold” rating in a report on Tuesday, September 25th.
SKY stock remained flat at $$85.50 during mid-day trading on Monday. 548 shares of the company’s stock were exchanged, compared to its average volume of 801. The firm has a market capitalization of $36.51 billion, a P/E ratio of 23.49, a PEG ratio of 1.86 and a beta of 0.72. The company has a current ratio of 0.89, a quick ratio of 0.65 and a debt-to-equity ratio of 1.93. SKY has a 1 year low of $52.93 and a 1 year high of $92.41.
Sky plc, together with its subsidiaries, engages in entertainment and communications businesses. The company offers pay television broadcasting and home communications services, including broadband and telephone services; over-the-top subscriptions; and HD, UHD, multiscreen, line rental, second smartcard, premium HD, and mobile TV, as well as on demand services, such as Catch Up TV and box sets.
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