Sky Plc (SKY) Receives Consensus Rating of “Hold” from Analysts

Sky Plc (LON:SKY) has received a consensus rating of “Hold” from the nine research firms that are presently covering the firm, MarketBeat.com reports. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is GBX 1,437.25 ($18.78).

SKY has been the subject of a number of research analyst reports. UBS Group reaffirmed a “buy” rating on shares of SKY in a research note on Thursday, August 9th. Liberum Capital upped their target price on shares of SKY from GBX 1,400 ($18.29) to GBX 1,728 ($22.58) and gave the stock a “hold” rating in a research note on Monday, September 24th. Finally, Shore Capital reaffirmed a “hold” rating on shares of SKY in a research note on Monday, September 24th.

In other SKY news, insider Andrew Neal Griffith purchased 15,427 shares of the business’s stock in a transaction on Tuesday, August 28th. The shares were purchased at an average cost of GBX 1,545 ($20.19) per share, with a total value of £238,347.15 ($311,442.77). Also, insider Andrew (Andy) Sukawaty purchased 49 shares of the business’s stock in a transaction on Friday, August 24th. The shares were acquired at an average cost of GBX 1,536 ($20.07) per share, for a total transaction of £752.64 ($983.46).

LON SKY traded up GBX 1.50 ($0.02) on Thursday, reaching GBX 1,727.50 ($22.57). The company had a trading volume of 77,387 shares, compared to its average volume of 5,600,000. SKY has a 1-year low of GBX 11.40 ($0.15) and a 1-year high of GBX 1,378 ($18.01).

SKY Company Profile

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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Analyst Recommendations for SKY (LON:SKY)

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