Sky Plc (LON:SKY)‘s stock had its “sell” rating reissued by analysts at Haitong Securities in a research note issued to investors on Monday, Market Beat Ratings reports. They presently have a GBX 875 ($12.47) target price on the stock. Haitong Securities’ price objective would indicate a potential downside of 16.51% from the company’s current price.

A number of other equities analysts have also commented on SKY. Citigroup Inc. reiterated a “buy” rating and set a GBX 1,075 ($15.32) price target on shares of Sky Plc in a report on Monday, November 2nd. Barclays restated an “overweight” rating and issued a GBX 1,175 ($16.74) target price on shares of Sky Plc in a report on Wednesday, October 28th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Sky Plc in a report on Monday, November 2nd. Credit Suisse restated an “underperform” rating and issued a GBX 630 ($8.98) target price on shares of Sky Plc in a report on Monday, November 2nd. Finally, Deutsche Bank dropped their target price on shares of Sky Plc from GBX 1,000 ($14.25) to GBX 950 ($13.53) and set a “hold” rating on the stock in a report on Monday, November 2nd. Six research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company’s stock. Sky Plc currently has an average rating of “Hold” and a consensus target price of GBX 1,044.81 ($14.89).

In other news, insider Lewis,Dave acquired 289 shares of Sky Plc stock in a transaction on Wednesday, January 27th. The stock was acquired at an average cost of GBX 1,047 ($14.92) per share, with a total value of £3,025.83 ($4,310.91). Also, insider Sukawaty,Andrew (Andy) acquired 116 shares of Sky Plc stock in a transaction on Friday, November 27th. The stock was purchased at an average cost of GBX 1,117 ($15.91) per share, with a total value of £1,295.72 ($1,846.02).

Sky Plc (LON:SKY) traded up 1.53% during trading on Monday, hitting GBX 1062.00. 2,722,255 shares of the stock were exchanged. The firm’s 50-day moving average is GBX 1,077.32 and its 200 day moving average is GBX 1,077.64. Sky Plc has a 52 week low of GBX 899.50 and a 52 week high of GBX 1,180.00.

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 (LON:SKY) channels across entertainment, sports, movies and 24-hour news. It operates in three segments: UK & Ireland, which include the activities and operations of the pay TV, home communications and adjacent businesses in the United Kingdom and Ireland; Italy, which include the activities and operations of the pay TV and adjacent businesses in Italy, and Germany & Austria, which include the activities and operations of the pay TV and adjacent businesses in Germany and Austria. The Company’s Sky Sports’ seven channels broadcast a range of live and exclusive sport, news and analysis, from football and golf to cricket and tennis.

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