Todays Report: The Brokers Issue Forecasts for British Sky Broadcasting Group PLC’s FY2019 Earnings (SKYAY)

The Brokers Issue Forecasts for British Sky Broadcasting Group PLC’s FY2019 Earnings (SKYAY)

British Sky Broadcasting Group PLC (OTC:SKYAY) – Investment analysts at Jefferies Group issued their FY2019 earnings estimates for shares of British Sky Broadcasting Group PLC in a research report issued on Monday. Jefferies Group analyst J. Dellis anticipates that the brokerage will post earnings per share of $3.70 for the year.

A number of other brokerages have also recently commented on SKYAY. Morgan Stanley raised shares of British Sky Broadcasting Group PLC from an “equal weight” rating to an “overweight” rating in a research note on Monday, September 19th. Kepler Capital Markets upgraded British Sky Broadcasting Group PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, September 27th.

British Sky Broadcasting Group PLC (OTC:SKYAY) traded down 1.74% during midday trading on Wednesday, hitting $41.77. 30,030 shares of the stock traded hands. British Sky Broadcasting Group PLC has a 12 month low of $40.85 and a 12 month high of $69.11. The firm has a market cap of $17.84 billion, a PE ratio of 21.22 and a beta of 0.82. The company’s 50 day moving average price is $45.03 and its 200 day moving average price is $49.91.

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