SKY (SKY) Earns Sector Performer Rating from Royal Bank of Canada
Royal Bank of Canada reaffirmed their sector performer rating on shares of SKY (LON:SKY) in a report released on Tuesday morning. They currently have a GBX 1,150 ($15.89) price objective on the stock.
Several other equities research analysts have also commented on the stock. Liberum Capital upgraded shares of SKY to a buy rating and boosted their price objective for the stock from GBX 970 ($13.40) to GBX 1,250 ($17.27) in a research report on Tuesday. Shore Capital reissued a hold rating on shares of SKY in a research note on Tuesday. Credit Suisse Group reissued a neutral rating and issued a GBX 1,075 ($14.85) target price on shares of SKY in a research note on Tuesday, February 13th. Societe Generale reissued a buy rating and issued a GBX 1,320 ($18.24) target price on shares of SKY in a research note on Friday, January 26th. Finally, Citigroup reissued a buy rating and issued a GBX 1,130 ($15.61) target price on shares of SKY in a research note on Thursday, January 25th. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company. SKY has a consensus rating of Buy and a consensus target price of GBX 1,158.50 ($16.01).
Shares of SKY (SKY) opened at GBX 1,373.50 ($18.98) on Tuesday. SKY has a 1 year low of GBX 11.40 ($0.16) and a 1 year high of GBX 1,375 ($19.00). The company has a market cap of $23,480.00 and a PE ratio of 2,641.35.
The company also recently announced a dividend, which will be paid on Monday, April 23rd. Investors of record on Thursday, March 22nd will be paid a GBX 13.06 ($0.18) dividend. This is an increase from SKY’s previous dividend of $10.00. The ex-dividend date is Thursday, March 22nd. This represents a yield of 1.23%.
In other news, insider Tracy Jayne Clarke bought 70 shares of the business’s stock in a transaction that occurred on Thursday, December 21st. The stock was purchased at an average price of GBX 1,019 ($14.08) per share, with a total value of £713.30 ($985.49). Insiders purchased a total of 228 shares of company stock valued at $260,243 in the last three months.
COPYRIGHT VIOLATION WARNING: This news story was originally published by Daily Political and is the sole property of of Daily Political. If you are accessing this news story on another site, it was stolen and republished in violation of United States and international copyright law. The original version of this news story can be read at https://www.dailypolitical.com/2018/03/03/sky-sky-earns-sector-performer-rating-from-royal-bank-of-canada.html.
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.
Receive News & Ratings for SKY Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SKY and related companies with MarketBeat.com's FREE daily email newsletter.