A number of other equities research analysts also recently commented on SKY. Kepler Capital Markets restated a hold rating and issued a GBX 1,100 ($13.61) price objective on shares of Sky Plc in a research report on Tuesday, July 26th. Beaufort Securities restated a buy rating on shares of Sky Plc in a research report on Friday, July 29th. BNP Paribas restated an outperform rating and issued a GBX 1,075 ($13.30) price objective on shares of Sky Plc in a research report on Monday, June 27th. Shore Capital restated a buy rating on shares of Sky Plc in a research report on Thursday, July 28th. Finally, Haitong Bank restated a sell rating and issued a GBX 875 ($10.83) price objective on shares of Sky Plc in a research report on Tuesday, July 26th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Sky Plc currently has a consensus rating of Hold and an average target price of GBX 969.52 ($12.00).
Sky Plc (LON:SKY) opened at 836.00 on Wednesday. The firm’s market capitalization is GBX 14.28 billion. The company has a 50-day moving average price of GBX 865.26 and a 200-day moving average price of GBX 906.84. Sky Plc has a 12-month low of GBX 560.00 and a 12-month high of GBX 1,134.00.
The firm also recently announced a dividend, which will be paid on Friday, October 28th. Investors of record on Thursday, October 6th will be issued a dividend of GBX 20.95 ($0.26) per share. This is a positive change from Sky Plc’s previous dividend of $12.55. The ex-dividend date of this dividend is Thursday, October 6th. This represents a dividend yield of 2.32%.
In other news, insider Sukawaty,Andrew (Andy) acquired 114 shares of the business’s stock in a transaction on Friday, August 26th. The shares were purchased at an average price of GBX 870 ($10.77) per share, for a total transaction of £991.80 ($1,227.48). Also, insider Lewis,Dave acquired 312 shares of the business’s stock in a transaction on Wednesday, July 27th. The stock was purchased at an average price of GBX 888 ($10.99) per share, for a total transaction of £2,770.56 ($3,428.91).
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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