Sky Plc (SKY) to Release Earnings on Thursday
Sky Plc (LON:SKY) will post its quarterly earnings results on Thursday, October 13th.
Shares of Sky Plc (LON:SKY) opened at 890.1156 on Tuesday. Sky Plc has a 1-year low of GBX 560.00 and a 1-year high of GBX 1,134.00. The stock’s 50 day moving average is GBX 865.18 and its 200 day moving average is GBX 908.98. The company’s market cap is GBX 15301.24 billion.
The business also recently declared a dividend, which will be paid on Friday, October 28th. Investors of record on Thursday, October 6th will be given a dividend of GBX 20.95 ($0.26) per share. This represents a dividend yield of 2.32%. The ex-dividend date is Thursday, October 6th. This is an increase from Sky Plc’s previous dividend of $12.55.
Several analysts recently issued reports on SKY shares. Shore Capital reaffirmed a “buy” rating on shares of Sky Plc in a research note on Wednesday, July 13th. Societe Generale dropped their price objective on shares of Sky Plc from GBX 1,350 ($16.71) to GBX 1,320 ($16.34) and set a “buy” rating for the company in a research note on Friday, July 8th. Citigroup Inc. dropped their price objective on shares of Sky Plc from GBX 1,400 ($17.33) to GBX 1,350 ($16.71) and set a “buy” rating for the company in a research note on Monday, June 13th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 1,425 ($17.64) price objective on shares of Sky Plc in a research note on Thursday, July 21st. Finally, Numis Securities Ltd raised shares of Sky Plc to a “buy” rating and set a GBX 1,250 ($15.47) price objective for the company in a research note on Thursday, July 28th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company. Sky Plc currently has an average rating of “Hold” and a consensus target price of GBX 1,053.59 ($13.04).
In related news, insider Darroch,Jeremy bought 61,793 shares of the company’s stock in a transaction that occurred on Tuesday, August 30th. The shares were purchased at an average cost of GBX 864 ($10.69) per share, with a total value of £533,891.52 ($660,756.83). Also, insider Sukawaty,Andrew (Andy) bought 114 shares of the company’s stock in a transaction that occurred on Friday, August 26th. The stock was bought at an average cost of GBX 870 ($10.77) per share, for a total transaction of £991.80 ($1,227.48).
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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