Can analysts adopt a bullish outlook for Sky plc (LON:SKY)?

April 16, 2018 - By Ellis Scott

Sky plc (LON:SKY) LogoInvestors sentiment increased to 1.75 in 2017 Q4. Its up 0.75, from 1 in 2017Q3. It is positive, as 1 investors sold Sky plc shares while 7 reduced holdings. 4 funds opened positions while 10 raised stakes. 4.37 million shares or 1.02% more from 4.33 million shares in 2017Q3 were reported.
Gabelli Funds accumulated 188,000 shares or 0.01% of the stock. Northern Trust Corp has invested 0% in Sky plc (LON:SKY). Geode Capital Lc stated it has 52,358 shares. Renaissance Tech Limited Liability Company owns 242,200 shares for 0% of their portfolio. Jpmorgan Chase & Co stated it has 0% in Sky plc (LON:SKY). Tower Cap Ltd Liability Co (Trc), a New York-based fund reported 152 shares. Bridgeway Cap Mngmt reported 0% stake. Robotti Robert has invested 0.39% in Sky plc (LON:SKY). Thompson Davis And has invested 0.02% of its portfolio in Sky plc (LON:SKY). Acadian Asset Management Ltd Liability Co reported 0% of its portfolio in Sky plc (LON:SKY). Investec Asset Ltd stated it has 144,620 shares. Venator owns 341,389 shares or 3.75% of their US portfolio. Gsa Partners Llp holds 10,820 shares. Gamco Investors Inc Et Al holds 0.03% or 336,100 shares. Edge Wealth Management Lc has invested 0.15% in Sky plc (LON:SKY).

Since January 5, 2018, it had 1 insider buy, and 0 selling transactions for $831,711 activity.

Sky plc (LON:SKY) Ratings Coverage

Among 6 analysts covering Sky Plc (LON:SKY), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Sky Plc had 31 analyst reports since October 27, 2017 according to SRatingsIntel. The rating was maintained by Liberum Capital with “Buy” on Monday, January 15. The rating was maintained by Shore Capital with “Hold” on Friday, January 19. Societe Generale maintained Sky plc (LON:SKY) on Friday, January 26 with “Buy” rating. The stock of Sky plc (LON:SKY) has “Buy” rating given on Friday, October 27 by Liberum Capital. The firm earned “Hold” rating on Wednesday, February 28 by Societe Generale. On Monday, December 18 the stock rating was maintained by Credit Suisse with “Neutral”. Liberum Capital downgraded it to “Hold” rating and GBX 810 target in Tuesday, January 23 report. The firm has “Hold” rating given on Friday, December 15 by Shore Capital. The company was maintained on Thursday, January 25 by Citigroup. Liberum Capital upgraded Sky plc (LON:SKY) on Tuesday, February 27 to “Buy” rating. Below is a list of Sky plc (LON:SKY) latest ratings and price target changes.

03/04/2018 Broker: Liberum Capital Rating: Buy Old Target: GBX 1250.00 Upgrade
28/02/2018 Broker: Societe Generale Rating: Hold Old Target: GBX 1250.00 New Target: GBX 1330.00 Downgrade
27/02/2018 Broker: RBC Capital Markets Rating: Sector Performer Old Target: GBX 1150.00 New Target: GBX 1150.00 Maintain
27/02/2018 Broker: Shore Capital Rating: Hold Maintain
27/02/2018 Broker: Liberum Capital Rating: Buy Old Target: GBX 970.00 New Target: GBX 1250.00 Upgrade
16/02/2018 Broker: RBC Capital Markets Rating: Sector Performer Old Target: GBX 1075.00 New Target: GBX 1150.00 Downgrade
13/02/2018 Broker: Credit Suisse Rating: Neutral New Target: GBX 1075.00 Maintain
14/02/2018 Broker: Liberum Capital Rating: Hold Old Target: GBX 930.00 New Target: GBX 970.00 Maintain
26/01/2018 Broker: Societe Generale Rating: Buy New Target: GBX 1320.00 Maintain
25/01/2018 Broker: Citigroup Rating: Buy New Target: GBX 1130.00 Maintain

The stock decreased 0.11% or GBX 1.5 during the last trading session, reaching GBX 1303. About 1.28 million shares traded. Sky plc (LON:SKY) has 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Sky plc, together with its subsidiaries, engages in entertainment and communications businesses. The company has market cap of 22.31 billion GBP. The firm offers pay television broadcasting and home communications services, including broadband and telephone services; over-the-top subscriptions; and HD, UHD, multiscreen, line rental, second smartcard, premium HD, and mobile TV, as well as on demand services, such as Catch Up TV and box sets. It has a 27.61 P/E ratio. Sky plc serves approximately 22.5 million residential and commercial clients in the United Kingdom, Ireland, Italy, Germany, and Austria.

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