November 24, 2016 - By olga
In analysts report shared with investors on 24 November, Sky Plc (LON:SKY) stock had its “Outperform” Rating kept by equity analysts at Macquarie. They currently have a GBX 1400.00 TP on firm. Macquarie’s target means a potential upside of 84.64% from the company’s stock close price.
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 40.88% above today’s (GBX 759) stock price. Sky Plc has been the topic of 183 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained the shares of SKY in a report on Friday, July 29 with “Buy” rating. The stock of SKY PLC (LON:SKY) earned “Buy” rating by Citigroup on Wednesday, April 27. The company was maintained on Monday, July 4 by Barclays Capital. The rating was maintained by Barclays Capital on Monday, October 24 with “Overweight”. The firm has “Sell” rating given on Thursday, February 18 by Haitong Securities. Haitong Securities maintained SKY PLC (LON:SKY) rating on Monday, April 18. Haitong Securities has “Sell” rating and GBX 875 price target. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, August 31. The company was maintained on Friday, October 21 by Citigroup. The company was maintained on Monday, February 1 by Nomura. The firm has “Buy” rating by Beaufort Securities given on Thursday, September 15.
About 890,433 shares traded hands. SKY PLC (LON:SKY) has declined 21.80% since April 26, 2016 and is downtrending. It has underperformed by 27.21% the S&P500.
Analysts await Skyline Corporation (NYSEMKT:SKY) to report earnings on January, 12.
Insitutional Activity: The institutional sentiment increased to 2.17 in Q2 2016. Its up 0.88, from 1.29 in 2016Q1. The ratio is positive, as 8 funds sold all SKY PLC shares owned while 6 reduced positions. 6 funds bought stakes while 12 increased positions. They now own 4.31 million shares or 23.87% more from 3.48 million shares in 2016Q1.
Acadian Asset Mngmt Ltd Llc accumulated 1,578 shares or 0% of the stock. Blackrock Institutional Trust Com Na last reported 0% of its portfolio in the stock. Bridgeway Capital last reported 20,100 shares in the company. Morgan Stanley has invested 0% of its portfolio in SKY PLC (LON:SKY). Geode Capital Mgmt Lc accumulated 0% or 52,358 shares. Vanguard Grp Inc accumulated 233,524 shares or 0% of the stock. The New York-based Robotti Robert has invested 0.22% in SKY PLC (LON:SKY). Nationwide Fund last reported 0% of its portfolio in the stock. The United Kingdom-based Investec Asset Management Ltd has invested 0.01% in SKY PLC (LON:SKY). Northern Tru owns 19,537 shares or 0% of their US portfolio. Spark Investment Mngmt owns 10,100 shares or 0.01% of their US portfolio. Federated Pa reported 1,022 shares or 0% of all its holdings. Venator Capital Management Ltd owns 524,492 shares or 4.16% of their US portfolio. Gendell Jeffrey L accumulated 759,591 shares or 1.46% of the stock. Wells Fargo And Co Mn has 1.08 million shares for 0% of their US portfolio.
Insider Transactions: Since November 10, 2016, the stock had 0 buys, and 1 sale for $233,200 net activity. Another trade for 20,000 shares valued at $233,200 was made by DECIO ARTHUR J on Thursday, November 10.
Sky plc is an entertainment and communications company. The company has a market cap of 13.05 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 19.61 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.
According to Zacks Investment Research, “Skyline Corporation designs, produces and distributes manufactured housing and recreational vehicles.”
Skyline Corporation, incorporated on May 29, 1959, designs, produces and markets manufactured housing, modular housing and park models to independent dealers and manufactured housing communities located throughout the United States and Canada. As of May 31, 2016, the Company sold 3,217 manufactured homes, 360 modular homes and 337 park models. The Company’s housing products are marketed under a number of trademarks. They are available in lengths ranging from 30 feet to 76 feet and in singlewide widths from 12 feet to 18 feet, doublewide widths from 18 feet to 32 feet, and triplewide widths from 36 feet to 46 feet. As of May 31, 2016, the area of a singlewide ranges from approximately 400 to 1,200 square feet, a doublewide from approximately 700 to 2,400 square feet, and a triplewide from approximately 1,600 to 2,900 square feet.
Another recent and important SKY PLC (LON:SKY) news was published by Reuters.com which published an article titled: “BRIEF-Sky Plc COO comments on UK govt’s broadband announcement” on November 22, 2016.
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