Equities research analysts at Barclays Capital dropped their price target on shares of British Sky Broadcasting Group (LON:BSY) from GBX 915 ($14.53) to GBX 914.40 ($14.52) in a research note issued to investors on Thursday, American Banking News reports. The firm currently has an “equal weight” rating on the stock. Barclays Capital’s price target would indicate a potential upside of 6.45% from the company’s current price.
A number of other analysts have also recently weighed in on BSY. Analysts at BNP Paribas reiterated an “outperform” rating on shares of British Sky Broadcasting Group (LON:BSY) in a research note to investors on Tuesday. They now have a GBX 985 ($15.64) price target on the stock. Separately, analysts at JPMorgan Chase & Co. downgraded shares of British Sky Broadcasting Group (LON:BSY) from an “overweight” rating to a “neutral” rating in a research note to investors on Wednesday, September 11th. They now have a GBX 930 ($14.77) price target on the stock, down previously from GBX 955 ($15.16). Finally, analysts at Goldman Sachs Group Inc. raised their price target on shares of British Sky Broadcasting Group (LON:BSY) from GBX 1,010 ($16.04) to GBX 1,170 ($18.58) in a research note to investors on Tuesday, September 10th. They now have a “strong-buy” rating on the stock.
Six research analysts have rated the stock with a sell rating, seven have assigned a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 865.08 ($13.74).
Shares of British Sky Broadcasting Group (LON:BSY) opened at 874.50 on Thursday. British Sky Broadcasting Group has a one year low of GBX 703.75 and a one year high of GBX 905.50. The stock’s 50-day moving average is GBX 842. and its 200-day moving average is GBX 834.5. The company’s market cap is £13.756 billion.
British Sky Broadcasting Group plc (LON:BSY) and its subsidiaries operates multichannel, multiplatform pay television service in the United Kingdom and Ireland.