Brokerages Set Sky Plc (BSY) PT at $1,064.62

Sky Plc (LON:BSY) has earned an average rating of “Hold” from the sixteen research firms that are covering the stock. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is GBX 1,064.62 ($13.38).

BSY has been the topic of a number of research analyst reports. Goldman Sachs Group Inc reiterated a “buy” rating on shares of Sky Plc in a report on Thursday, December 1st. Morgan Stanley set a GBX 1,000 ($12.57) price objective on Sky Plc and gave the stock a “buy” rating in a research note on Tuesday, November 29th. Credit Suisse Group AG set a GBX 1,075 ($13.51) price objective on Sky Plc and gave the stock a “neutral” rating in a research note on Wednesday, December 28th. S&P Global Inc set a GBX 1,075 ($13.51) price objective on Sky Plc and gave the stock a “neutral” rating in a research note on Friday, December 16th. Finally, HSBC Holdings plc set a GBX 1,075 ($13.51) price objective on Sky Plc and gave the stock a “neutral” rating in a research note on Tuesday, December 13th.

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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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