Sky Plc (SKY) Receives GBX 1,086.58 Consensus Price Target from the Brokerages

Sky Plc (SKY) Receives GBX 1,086.58 Consensus Price Target from the Brokerages

Sky Plc (LON:SKY) has received a consensus recommendation of “Hold” from the twenty-two research firms that are presently covering the company. Three analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and twelve have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is GBX 1,086.58 ($13.46).

Several equities research analysts have recently weighed in on SKY shares. Goldman Sachs Group Inc. reissued a “buy” rating on shares of Sky Plc in a research report on Tuesday, September 27th. Liberum Capital reissued a “sell” rating and set a GBX 630 ($7.80) target price on shares of Sky Plc in a research report on Thursday, September 22nd. Morgan Stanley reissued an “overweight” rating and set a GBX 1,000 ($12.39) target price on shares of Sky Plc in a research report on Tuesday, September 27th. Macquarie reissued an “outperform” rating and set a GBX 1,400 ($17.34) target price on shares of Sky Plc in a research report on Thursday, August 25th. Finally, Barclays PLC reissued an “overweight” rating and set a GBX 950 ($11.77) target price on shares of Sky Plc in a research report on Wednesday, August 31st.

In related news, insider Darroch,Jeremy purchased 61,793 shares of the business’s stock in a transaction dated Tuesday, August 30th. The stock was bought at an average cost of GBX 864 ($10.70) per share, with a total value of £533,891.52 ($661,329.77). Also, insider Martin J. Gilbert purchased 127 shares of the business’s stock in a transaction dated Thursday, October 27th. The stock was bought at an average cost of GBX 799 ($9.90) per share, with a total value of £1,014.73 ($1,256.94).

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