Does SKY PLC Have Any Gas After Today’s Huge Increase?

 Does SKY PLC Have Any Gas After Today's Huge Increase?

The stock of SKY PLC (LON:SKY) is a huge mover today! The stock decreased 1.95% or GBX 15.35 on November 28, hitting GBX 771.65. About 4.99 million shares traded hands. SKY PLC (LON:SKY) has declined 16.63% since April 28, 2016 and is downtrending. It has underperformed by 22.65% the S&P500.
The move comes after 8 months positive chart setup for the GBX 13.26B company. It was reported on Nov, 28 by Barchart.com. We have GBX 817.95 PT which if reached, will make LON:SKY worth GBX 795.60M more.

SKY PLC (LON:SKY) Ratings Coverage

Out of 24 analysts covering Sky Plc (LON:SKY), 14 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 58% are positive. GBX 1500 is the highest target while GBX 1 is the lowest. The GBX 1069.30 average target is 38.57% above today’s (GBX 771.65) stock price. Sky Plc has been the topic of 183 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The stock of SKY PLC (LON:SKY) has “Overweight” rating given on Wednesday, August 31 by Barclays Capital. The rating was maintained by Barclays Capital on Thursday, January 28 with “Overweight”. Beaufort Securities maintained SKY PLC (LON:SKY) on Monday, February 1 with “Buy” rating. The company was maintained on Friday, July 31 by Numis Securities. Citigroup maintained the shares of SKY in a report on Thursday, November 19 with “Buy” rating. The stock of SKY PLC (LON:SKY) earned “Sell” rating by Haitong Securities on Monday, April 18. On Tuesday, January 19 the stock rating was maintained by Liberum Capital with “Sell”. The stock has “Overweight” rating given by Barclays Capital on Thursday, August 6. On Wednesday, February 10 the stock rating was maintained by Haitong Securities with “Sell”. Investec maintained SKY PLC (LON:SKY) rating on Wednesday, January 13. Investec has “Reduce” rating and GBX 1030 price target.

Another recent and important SKY PLC (LON:SKY) news was published by Seekingalpha.com which published an article titled: “Sky Plc (SKYAY) Q1 2017 Results – Earnings Call Transcript” on October 13, 2016.

Sky plc is an entertainment and communications company. The company has a market cap of 13.26 billion GBP. The Firm is engaged in operation of pay television broadcasting and home communications services, including provision of broadband and telephone operations. It has a 19.94 P/E ratio. It operates through three divisions: UK and Ireland, which includes activities and activities of the pay television, home communications and adjacent businesses in the United Kingdom and Ireland; Germany and Austria, which includes activities and activities of the pay television and adjacent businesses in Germany and Austria, and Italy, which includes activities and activities of the pay television and adjacent businesses in Italy.

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