Sky Plc (LON:BSY) has been assigned a GBX 1,000 ($13.05) price target by investment analysts at Morgan Stanley in a research report issued to clients and investors on Wednesday. The brokerage currently has a a “buy” rating on the stock. Morgan Stanley’s price target would suggest a potential upside of 17.58% from the stock’s previous close.
Several other brokerages also recently issued reports on BSY. JPMorgan Chase & Co. set a GBX 960 ($12.53) price objective on Sky Plc and gave the company a “neutral” rating in a research report on Thursday, September 8th. Jefferies Group set a GBX 895 ($11.68) price objective on Sky Plc and gave the company a “neutral” rating in a research report on Tuesday, June 21st. Royal Bank Of Canada set a GBX 1,100 ($14.36) price objective on Sky Plc and gave the company a “buy” rating in a research report on Tuesday, July 19th. Barclays PLC set a GBX 1,100 ($14.36) price objective on Sky Plc and gave the company a “buy” rating in a research report on Monday, June 13th. Finally, Goldman Sachs Group Inc. reissued a “buy” rating on shares of Sky Plc in a research note on Wednesday, September 7th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 1,076.24 ($14.05).
Sky Plc Company Profile
Sky plc, formerly British Sky Broadcasting Group plc is an entertainment company. The Company serves approximately 21 million customers across five countries: Italy, Germany, Austria, the United Kingdom and Ireland. The Company owns and operates Britain and Ireland’s portfolio of pay television (TV) channels across entertainment, sports, movies and 24-hour news.
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