SKY (SKY) Stock Rating Reaffirmed by Liberum Capital

SKY (LON:SKY)‘s stock had its “buy” rating restated by stock analysts at Liberum Capital in a research note issued on Wednesday. They presently have a GBX 1,060 ($14.27) price objective on the stock. Liberum Capital’s price objective would indicate a potential upside of 8.66% from the stock’s previous close.

Several other brokerages have also commented on SKY. Credit Suisse Group reissued a “neutral” rating and set a GBX 1,075 ($14.47) price target on shares of SKY in a research note on Friday, October 13th. Citigroup decreased their price target on SKY from GBX 1,350 ($18.17) to GBX 1,130 ($15.21) and set a “buy” rating on the stock in a research note on Wednesday, November 1st. UBS set a GBX 1,240 ($16.69) price target on SKY and gave the stock a “buy” rating in a research note on Wednesday, August 9th. S&P Global set a GBX 1,075 ($14.47) price target on SKY and gave the stock a “buy” rating in a research note on Friday, October 13th. Finally, Jefferies Group reissued a “buy” rating and set a GBX 1,160 ($15.61) price target on shares of SKY in a research note on Wednesday, September 13th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 1,105.33 ($14.88).

SKY (LON:SKY) opened at GBX 975.50 ($13.13) on Wednesday. SKY has a 52-week low of GBX 752.25 ($10.12) and a 52-week high of GBX 1,050 ($14.13).

In other SKY news, insider Andrew (Andy) Sukawaty purchased 113 shares of SKY stock in a transaction on Friday, October 27th. The shares were bought at an average price of GBX 938 ($12.62) per share, with a total value of £1,059.94 ($1,426.57). Also, insider Matthieu Pigasse purchased 103 shares of SKY stock in a transaction on Wednesday, September 27th. The shares were acquired at an average cost of GBX 915 ($12.31) per share, for a total transaction of £942.45 ($1,268.44). In the last three months, insiders have acquired 291 shares of company stock worth $270,739.

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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.

Analyst Recommendations for SKY (LON:SKY)

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