Sky Plc (SKYAY) Receives $90.00 Average Target Price from Analysts
Sky Plc (OTCMKTS:SKYAY) has been assigned a consensus rating of “Buy” from the six analysts that are currently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $90.00.
SKYAY has been the topic of several research reports. Zacks Investment Research lowered shares of SKY from a “hold” rating to a “strong sell” rating in a report on Thursday, August 23rd. UBS Group lowered shares of SKY from a “buy” rating to a “neutral” rating in a report on Wednesday, September 19th. Finally, Buckingham Research initiated coverage on shares of SKY in a report on Tuesday, June 26th. They set a “neutral” rating on the stock.
Shares of OTCMKTS SKYAY traded up $7.20 during trading on Wednesday, hitting $90.10. 24,995 shares of the company traded hands, compared to its average volume of 4,882. SKY has a fifty-two week low of $46.90 and a fifty-two week high of $84.43.
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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