Sky Plc (BSY) Given a GBX 1,029 Price Target by Goldman Sachs Group Inc. Analysts
Sky Plc (LON:BSY) has been given a GBX 1,029 ($13.43) price target by investment analysts at Goldman Sachs Group Inc. in a research report issued on Wednesday. The brokerage currently has a a “buy” rating on the stock. Goldman Sachs Group Inc.’s price objective would indicate a potential upside of 20.99% from the stock’s previous close.
A number of other research analysts also recently weighed in on the company. Morgan Stanley set a GBX 1,000 ($13.05) price target on Sky Plc and gave the company a “buy” rating in a research note on Tuesday. HSBC set a GBX 800 ($10.44) price target on Sky Plc and gave the company a “neutral” rating in a research note on Monday, June 27th. Citigroup Inc. restated a “buy” rating on shares of Sky Plc in a research note on Wednesday, July 20th. Barclays PLC set a GBX 950 ($12.40) price target on Sky Plc and gave the company a “buy” rating in a research note on Monday, July 4th. Finally, Bank of America Corp. set a GBX 700 ($9.14) price target on Sky Plc and gave the company a “sell” rating in a research note on Thursday, June 30th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of GBX 1,076.24 ($14.05).
Sky Plc Company Profile
Sky plc, formerly British Sky Broadcasting Group plc is an entertainment company. The Company serves approximately 21 million customers across five countries: Italy, Germany, Austria, the United Kingdom and Ireland. The Company owns and operates Britain and Ireland’s portfolio of pay television (TV) channels across entertainment, sports, movies and 24-hour news.
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