SKY (SKY) Stock Rating Reaffirmed by Liberum Capital
SKY (LON:SKY)‘s stock had its “buy” rating reaffirmed by equities researchers at Liberum Capital in a research note issued on Friday. They presently have a GBX 1,060 ($14.17) target price on the stock. Liberum Capital’s target price indicates a potential upside of 5.00% from the stock’s current price.
A number of other equities research analysts also recently issued reports on SKY. Credit Suisse Group restated a “neutral” rating and set a GBX 1,075 ($14.37) price objective on shares of SKY in a research report on Wednesday, September 13th. Jefferies Group restated a “buy” rating and set a GBX 1,160 ($15.51) price objective on shares of SKY in a research report on Wednesday, September 13th. S&P Global set a GBX 1,075 ($14.37) target price on SKY and gave the company a “buy” rating in a research note on Friday, October 13th. Citigroup cut their target price on SKY from GBX 1,350 ($18.05) to GBX 1,130 ($15.11) and set a “buy” rating on the stock in a research note on Wednesday, November 1st. Finally, Shore Capital reaffirmed a “hold” rating on shares of SKY in a research note on Friday, December 15th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of GBX 1,098.33 ($14.69).
Shares of SKY (LON SKY) opened at GBX 1,009.50 ($13.50) on Friday. SKY has a 52-week low of GBX 11.40 ($0.15) and a 52-week high of GBX 1,028.50 ($13.75). The stock has a market capitalization of $17,350.00 and a P/E ratio of 2,523.75.
In other news, insider Andrew (Andy) Sukawaty acquired 113 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The shares were bought at an average price of GBX 938 ($12.54) per share, with a total value of £1,059.94 ($1,417.22). Also, insider Tracy Jayne Clarke acquired 75 shares of the company’s stock in a transaction that occurred on Monday, November 27th. The stock was purchased at an average cost of GBX 940 ($12.57) per share, for a total transaction of £705 ($942.64). In the last three months, insiders purchased 258 shares of company stock worth $247,824.
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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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