Sky Plc (SKYAY) Receives Average Recommendation of “Hold” from Analysts
Sky Plc (NASDAQ:SKYAY) has been given a consensus rating of “Hold” by the eleven analysts that are presently covering the stock, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.
Separately, Zacks Investment Research upgraded Sky Plc from a “hold” rating to a “buy” rating and set a $56.00 price objective on the stock in a report on Saturday, July 22nd.
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Sky Plc (NASDAQ:SKYAY) traded down 1.02% during trading on Tuesday, reaching $49.63. The company’s stock had a trading volume of 230,364 shares. The company has a market capitalization of $21.23 billion and a P/E ratio of 24.09. The company’s 50-day moving average is $49.79 and its 200-day moving average is $49.97. Sky Plc has a 1-year low of $37.23 and a 1-year high of $52.91.
Sky Plc Company Profile
Sky plc is an entertainment and communications company. The Company is engaged in operation of pay television broadcasting and home communications services, including provision of broadband and telephone operations. It operates through three segments: UK and Ireland, which includes activities and operations of the pay television, home communications and adjacent businesses in the United Kingdom and Ireland; Germany and Austria, which includes activities and operations of the pay television and adjacent businesses in Germany and Austria, and Italy, which includes activities and operations of the pay television and adjacent businesses in Italy.
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