Sky Plc (LON:SKY)‘s stock had its “overweight” rating reiterated by Barclays PLC in a research report issued on Friday. They currently have a GBX 1,000 ($12.19) target price on the stock. Barclays PLC’s target price would suggest a potential upside of 19.40% from the company’s current price.
Several other research firms also recently commented on SKY. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 1,100 ($13.41) target price on shares of Sky Plc in a research report on Friday, July 29th. Shore Capital downgraded Sky Plc to a “hold” rating and set a GBX 865 ($10.54) target price on the stock. in a research report on Thursday, October 13th. Citigroup Inc. reaffirmed a “buy” rating on shares of Sky Plc in a research report on Wednesday, July 20th. Haitong Bank raised Sky Plc to a “neutral” rating and set a GBX 875 ($10.66) target price on the stock in a research report on Thursday, August 4th. Finally, Liberum Capital reaffirmed a “sell” rating and issued a GBX 530 ($6.46) target price on shares of Sky Plc in a research report on Thursday, July 14th. Four research analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 969.52 ($11.82).
Shares of Sky Plc (LON:SKY) opened at 834.50 on Friday. The firm’s market capitalization is GBX 14.25 billion. Sky Plc has a 1-year low of GBX 560.00 and a 1-year high of GBX 1,134.00. The stock has a 50 day moving average price of GBX 864.18 and a 200 day moving average price of GBX 903.86.
The company also recently declared a dividend, which will be paid on Friday, October 28th. Stockholders of record on Thursday, October 6th will be paid a GBX 20.95 ($0.26) dividend. This represents a dividend yield of 2.32%. This is a boost from Sky Plc’s previous dividend of $12.55. The ex-dividend date is Thursday, October 6th.
In other news, insider Lewis,Dave purchased 312 shares of the company’s stock in a transaction dated Wednesday, July 27th. The stock was bought at an average cost of GBX 888 ($10.82) per share, for a total transaction of £2,770.56 ($3,376.67). Also, insider Dave Lewis purchased 337 shares of the company’s stock in a transaction dated Tuesday, September 27th. The stock was purchased at an average price of GBX 842 ($10.26) per share, with a total value of £2,837.54 ($3,458.31).