Analysts Set Sky Plc (SKYAY) PT at $56.00
Sky Plc (NASDAQ:SKYAY) has earned an average rating of “Hold” from the ten analysts that are covering the company. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $56.00.
Several equities analysts have recently weighed in on SKYAY shares. Zacks Investment Research upgraded Sky Plc from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a report on Tuesday, December 13th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Sky Plc in a research report on Thursday, December 1st. Barclays PLC reaffirmed a “buy” rating on shares of Sky Plc in a research report on Wednesday, November 30th. Berenberg Bank raised Sky Plc from a “sell” rating to a “hold” rating in a research report on Monday, December 12th. Finally, Investec raised Sky Plc from a “reduce” rating to a “hold” rating in a research report on Thursday, January 5th.
Shares of Sky Plc (NASDAQ:SKYAY) opened at 49.87 on Tuesday. The stock’s 50 day moving average price is $49.55 and its 200 day moving average price is $45.05. Sky Plc has a 12 month low of $37.23 and a 12 month high of $59.83. The company has a market capitalization of $21.31 billion and a PE ratio of 27.34.
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About Sky Plc
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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