Sky Plc (LON:BSY) has been assigned a GBX 1,240 ($16.10) price objective by stock analysts at UBS AG in a note issued to investors on Wednesday, August 9th, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the stock. UBS AG’s target price would suggest a potential upside of 45.80% from the stock’s current price.
A number of other research analysts also recently weighed in on BSY. Royal Bank Of Canada set a GBX 1,075 ($13.96) price objective on shares of Sky Plc and gave the stock a “buy” rating in a report on Wednesday, April 19th. Jefferies Group LLC set a GBX 1,200 ($15.58) target price on shares of Sky Plc and gave the stock a “buy” rating in a research note on Wednesday, April 26th. Finally, S&P Global set a GBX 1,075 ($13.96) target price on shares of Sky Plc and gave the stock a “buy” rating in a research note on Thursday, July 27th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Sky Plc has an average rating of “Buy” and an average target price of GBX 1,104.92 ($14.34).
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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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