SKY has been the topic of several other research reports. Societe Generale reiterated a buy rating and issued a GBX 1,350 ($17.62) price objective on shares of Sky Plc in a research note on Thursday, June 16th. Numis Securities Ltd upgraded shares of Sky Plc to a buy rating and set a GBX 1,250 ($16.32) price objective on the stock in a research note on Thursday, July 28th. Haitong Bank reiterated a sell rating and issued a GBX 875 ($11.42) price objective on shares of Sky Plc in a research note on Thursday, July 7th. JPMorgan Chase & Co. upped their price objective on shares of Sky Plc from GBX 965 ($12.60) to GBX 985 ($12.86) and gave the company a neutral rating in a research note on Tuesday, July 26th. Finally, Beaufort Securities reiterated a buy rating on shares of Sky Plc in a research note on Friday, July 29th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company’s stock. Sky Plc has a consensus rating of Hold and a consensus price target of GBX 1,052.68 ($13.74).
Sky Plc (LON:SKY) opened at 901.00 on Monday. The firm’s market cap is GBX 15.39 billion. The firm has a 50-day moving average of GBX 862.88 and a 200-day moving average of GBX 911.95. Sky Plc has a one year low of GBX 560.00 and a one year high of GBX 1,134.00.
The business also recently declared a dividend, which will be paid on Friday, October 28th. Shareholders of record on Thursday, October 6th will be issued a GBX 20.95 ($0.27) dividend. The ex-dividend date is Thursday, October 6th. This is an increase from Sky Plc’s previous dividend of $12.55. This represents a yield of 2.32%.
In other Sky Plc news, insider Sukawaty,Andrew (Andy) acquired 114 shares of the company’s stock in a transaction dated Friday, August 26th. The stock was bought at an average price of GBX 870 ($11.36) per share, for a total transaction of £991.80 ($1,294.61). Also, insider Darroch,Jeremy acquired 61,793 shares of the company’s stock in a transaction dated Tuesday, August 30th. The stock was acquired at an average price of GBX 864 ($11.28) per share, with a total value of £533,891.52 ($696,895.34).
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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