Sky Plc (BSY) Given Consensus Recommendation of “Buy” by Analysts

Sky Plc (LON:BSY) has received an average rating of “Buy” from the thirteen brokerages that are covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 1,134 ($14.96).

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BSY has been the topic of a number of analyst reports. S&P Global set a GBX 1,075 ($14.18) price objective on Sky Plc and gave the company a “buy” rating in a report on Thursday, July 27th. UBS AG set a GBX 1,310 ($17.28) price objective on Sky Plc and gave the company a “buy” rating in a report on Thursday, July 27th. Jefferies Group LLC set a GBX 1,200 ($15.83) price objective on Sky Plc and gave the company a “buy” rating in a report on Wednesday, April 26th. Finally, Royal Bank Of Canada set a GBX 1,075 ($14.18) price objective on Sky Plc and gave the company a “buy” rating in a report on Wednesday, April 19th.

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About Sky Plc

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.