British Sky Broadcasting Group PLC (SKYAY) Upgraded to Hold by Zacks Investment Research
According to Zacks, “Sky plc offers entertainment and communications service. The Company offers Sky TV, on demand television programs; Sky Broadband offers broadband and telephony services; NOW TV is a streaming service and provides access to the Sky’s content; Sky Sports’ channels broadcast live sport, news and analysis, from football and golf to cricket and tennis; Sky Entertainment offers entertainment channels Sky 1, Sky Living, Sky Atlantic and Sky Arts; Sky News provides news and analysis; Sky Media is an advertising sales house and offers advertisers access to television channels; Sky Business provides Sky’s television and WiFi services; Sky Bet offers online betting and gaming services. Sky plc formerly known as British Sky Broadcasting Group plc is based in Isleworth, the United Kingdom. “
Several other analysts have also recently commented on the stock. Morgan Stanley upgraded shares of British Sky Broadcasting Group PLC from an equal rating to a weight rating in a research note on Monday. RBC Capital Markets upgraded shares of British Sky Broadcasting Group PLC from an underperform rating to an outperform rating in a research note on Tuesday, July 19th. Beaufort Securities restated a buy rating on shares of British Sky Broadcasting Group PLC in a research note on Friday, September 16th. Finally, Citigroup Inc. reiterated a buy rating on shares of British Sky Broadcasting Group PLC in a research note on Wednesday, July 20th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of $51.00.
Shares of British Sky Broadcasting Group PLC (OTCMKTS:SKYAY) opened at 45.035 on Thursday. The stock has a market cap of $19.23 billion, a PE ratio of 21.990 and a beta of 0.80. British Sky Broadcasting Group PLC has a 1-year low of $41.80 and a 1-year high of $69.11. The stock has a 50 day moving average of $45.31 and a 200 day moving average of $51.22.
British Sky Broadcasting Group PLC Company Profile
Sky plc, formerly British Sky Broadcasting Group plc is an entertainment company. The Company serves approximately 21 million customers across five countries: Italy, Germany, Austria, the United Kingdom and Ireland. The Company owns and operates Britain and Ireland’s portfolio of pay television (TV) channels across entertainment, sports, movies and 24-hour news.
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