SKY (LON:SKY) had its price objective lifted by stock analysts at Liberum Capital from GBX 930 ($12.85) to GBX 970 ($13.40) in a research report issued on Wednesday, February 14th. The brokerage presently has a “hold” rating on the stock. Liberum Capital’s price objective would indicate a potential downside of 12.18% from the stock’s current price.
Other analysts also recently issued reports about the stock. Royal Bank of Canada restated an “outperform” rating on shares of SKY in a report on Tuesday, January 16th. Societe Generale restated a “buy” rating and set a GBX 1,320 ($18.24) target price on shares of SKY in a report on Friday, January 26th. Shore Capital restated a “hold” rating on shares of SKY in a report on Thursday, January 25th. Citigroup restated a “buy” rating and set a GBX 1,130 ($15.61) target price on shares of SKY in a report on Thursday, January 25th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and set a GBX 1,075 ($14.85) price objective on shares of SKY in a research report on Friday, January 12th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of GBX 1,129.50 ($15.61).
Shares of SKY (LON SKY) opened at GBX 1,104.50 ($15.26) on Wednesday. The stock has a market cap of $18,840.00 and a PE ratio of 2,124.04. SKY has a 1 year low of GBX 11.40 ($0.16) and a 1 year high of GBX 1,109.50 ($15.33).
SKY (LON:SKY) last issued its earnings results on Thursday, January 25th. The company reported GBX 31.30 ($0.43) earnings per share (EPS) for the quarter. SKY had a net margin of 7.96% and a return on equity of 27.18%. The company had revenue of GBX 673.70 billion for the quarter.
In related news, insider Tracy Jayne Clarke bought 75 shares of SKY stock in a transaction that occurred on Monday, November 27th. The shares were acquired at an average cost of GBX 940 ($12.99) per share, for a total transaction of £705 ($974.03). Insiders purchased 214 shares of company stock worth $213,797 over the last quarter.
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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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