Sky Plc (SKY) Stock Rating Reaffirmed by Liberum Capital
Liberum Capital reiterated their buy rating on shares of Sky Plc (LON:SKY) in a research report sent to investors on Friday. The brokerage currently has a GBX 1,060 ($13.94) target price on the stock.
Several other equities analysts have also commented on the company. Citigroup Inc. reissued a buy rating on shares of Sky Plc in a report on Tuesday, November 7th. Credit Suisse Group reissued a neutral rating and issued a GBX 1,075 ($14.14) target price on shares of Sky Plc in a report on Friday, October 13th. S&P Global set a GBX 1,075 ($14.14) target price on Sky Plc and gave the company a buy rating in a report on Friday, October 13th. Jefferies Group LLC reissued a buy rating and issued a GBX 1,160 ($15.26) target price on shares of Sky Plc in a report on Wednesday, September 13th. Finally, UBS AG set a GBX 1,240 ($16.31) target price on Sky Plc and gave the company a buy rating in a report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of GBX 1,095.88 ($14.41).
Sky Plc (SKY) opened at GBX 955 ($12.56) on Friday. Sky Plc has a twelve month low of GBX 747.50 ($9.83) and a twelve month high of GBX 1,050 ($13.81).
The business also recently declared a dividend, which will be paid on Friday, February 9th. Investors of record on Thursday, January 11th will be issued a dividend of GBX 10 ($0.13) per share. This represents a dividend yield of 1.07%. The ex-dividend date is Thursday, January 11th.
In other news, insider Matthieu Pigasse acquired 101 shares of Sky Plc stock in a transaction that occurred on Friday, August 25th. The stock was purchased at an average price of GBX 952 ($12.52) per share, for a total transaction of £961.52 ($1,264.66). Also, insider Andrew Neal Griffith acquired 25,135 shares of Sky Plc stock in a transaction that occurred on Friday, September 1st. The stock was purchased at an average price of GBX 956 ($12.57) per share, with a total value of £240,290.60 ($316,047.09). In the last 90 days, insiders purchased 25,452 shares of company stock valued at $24,325,451.
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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