Sky Plc (LON:SKY) had its target price upped by Royal Bank Of Canada from GBX 1,100 ($13.41) to GBX 1,125 ($13.71) in a research report report published on Friday. They currently have an outperform rating on the stock.
SKY has been the topic of several other reports. Goldman Sachs Group Inc. reiterated a buy rating on shares of Sky Plc in a research report on Tuesday, September 27th. Liberum Capital reiterated a sell rating and set a GBX 630 ($7.68) target price on shares of Sky Plc in a research report on Thursday, September 22nd. Morgan Stanley restated an overweight rating and set a GBX 1,000 ($12.19) price target on shares of Sky Plc in a research note on Tuesday, September 27th. Barclays PLC restated an overweight rating and set a GBX 950 ($11.58) price target on shares of Sky Plc in a research note on Wednesday, August 31st. Finally, Macquarie restated an outperform rating and set a GBX 1,400 ($17.06) price target on shares of Sky Plc in a research note on Thursday, August 25th. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have assigned a buy rating to the company. The company currently has an average rating of Hold and an average price target of GBX 969.52 ($11.82).
Shares of Sky Plc (LON:SKY) opened at 835.798 on Friday. The company’s 50-day moving average price is GBX 863.60 and its 200 day moving average price is GBX 902.59. Sky Plc has a 1-year low of GBX 560.00 and a 1-year high of GBX 1,134.00. The stock’s market cap is GBX 14.28 billion.
The company also recently announced a dividend, which will be paid on Friday, October 28th. Shareholders of record on Thursday, October 6th will be issued a dividend of GBX 20.95 ($0.26) per share. This represents a yield of 2.32%. The ex-dividend date is Thursday, October 6th. This is an increase from Sky Plc’s previous dividend of $12.55.
In related news, insider Sukawaty,Andrew (Andy) purchased 114 shares of the business’s stock in a transaction that occurred on Friday, August 26th. The shares were acquired at an average price of GBX 870 ($10.60) per share, with a total value of £991.80 ($1,208.78). Also, insider Lewis,Dave purchased 312 shares of the business’s stock in a transaction that occurred on Wednesday, July 27th. The stock was bought at an average cost of GBX 888 ($10.82) per share, for a total transaction of £2,770.56 ($3,376.67).
Sky Plc 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.
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