The Sky Plc (SKY) Rating Reiterate by Macquarie

The Sky Plc (SKY) Rating Reiterate by Macquarie

Sky Plc (LON:SKY)‘s stock had its “outperform” rating reaffirmed by stock analysts at Macquarie in a research note issued to investors on Thursday. They currently have a GBX 1,400 ($17.06) price objective on the stock. Macquarie’s target price would suggest a potential upside of 71.99% from the company’s previous close.

A number of other research firms also recently issued reports on SKY. Kepler Capital Markets reissued a “hold” rating and set a GBX 1,100 ($13.41) price target on shares of Sky Plc in a research report on Monday, August 1st. Barclays PLC reissued an “overweight” rating and set a GBX 950 ($11.58) price target on shares of Sky Plc in a research report on Friday, July 29th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 1,100 ($13.41) price target on shares of Sky Plc in a research report on Friday, July 29th. Deutsche Bank AG reissued a “buy” rating and set a GBX 1,425 ($17.37) price target on shares of Sky Plc in a research report on Friday, July 29th. Finally, BNP Paribas reissued an “outperform” rating and set a GBX 1,075 ($13.10) price target on shares of Sky Plc in a research report on Friday, July 29th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 1,037.57 ($12.65).

Shares of Sky Plc (LON:SKY) opened at 815.6379 on Thursday. The stock’s market cap is GBX 13.93 billion. The stock’s 50 day moving average is GBX 855.28 and its 200 day moving average is GBX 893.52. Sky Plc has a 52-week low of GBX 560.00 and a 52-week high of GBX 1,134.00.

In related news, insider Dave Lewis purchased 337 shares of Sky Plc stock in a transaction that occurred on Tuesday, September 27th. The stock was bought at an average cost of GBX 842 ($10.26) per share, for a total transaction of £2,837.54 ($3,458.31). Also, insider Sukawaty,Andrew (Andy) purchased 114 shares of Sky Plc stock in a transaction that occurred on Friday, August 26th. The shares were bought at an average price of GBX 870 ($10.60) per share, with a total value of £991.80 ($1,208.78).

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