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 note issued to investors on Friday. They presently have a GBX 1,075 ($14.58) price target on the stock. Credit Suisse Group’s target price points to a potential upside of 6.54% from the stock’s previous close.

Several other research firms have also weighed in on SKY. Shore Capital reissued a “hold” rating on shares of SKY in a research report on Friday, December 15th. Citigroup lowered their price objective on SKY from GBX 1,350 ($18.31) to GBX 1,130 ($15.32) and set a “buy” rating for the company in a research report on Wednesday, November 1st. Liberum Capital reissued a “buy” rating and issued a GBX 1,060 ($14.37) price objective on shares of SKY in a research report on Wednesday, December 6th. Finally, S&P Global set a GBX 1,075 ($14.58) price objective on SKY and gave the stock a “buy” rating in a research report on Friday, October 13th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of GBX 1,100.45 ($14.92).

SKY (SKY) opened at GBX 1,009 ($13.68) on Friday. SKY has a 12-month low of GBX 11.40 ($0.15) and a 12-month high of GBX 1,028.50 ($13.95). The firm has a market capitalization of $17,510.00 and a PE ratio of 2,522.50.

In other news, insider Tracy Jayne Clarke bought 70 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The stock was acquired at an average cost of GBX 1,019 ($13.82) per share, with a total value of £713.30 ($967.32). Also, insider Andrew (Andy) Sukawaty purchased 113 shares of the business’s stock in a transaction on Friday, October 27th. The shares were bought at an average price of GBX 938 ($12.72) per share, with a total value of £1,059.94 ($1,437.40). Insiders purchased a total of 258 shares of company stock valued at $247,824 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.

Analyst Recommendations for SKY (LON:SKY)

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