November 30, 2016 - By Marguerite Chambers
In a research note published by Citigroup on Wednesday, 30 November, Sky (LON:SKY) stock Buy was reconfirmed.
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 38.51% above today’s (GBX 772) stock price. Sky Plc has been the topic of 187 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Investec maintained SKY PLC (LON:SKY) on Wednesday, October 21 with “Reduce” rating. As per Thursday, October 13, the company rating was downgraded by Shore Capital. The stock of SKY PLC (LON:SKY) has “Buy” rating given on Monday, February 1 by Nomura. The company was maintained on Tuesday, July 21 by RBC Capital Markets. The stock has “Buy” rating given by Deutsche Bank on Friday, February 26. On Tuesday, February 9 the stock rating was maintained by UBS with “Buy”. Goldman Sachs maintained SKY PLC (LON:SKY) on Wednesday, August 3 with “Buy” rating. The rating was maintained by Barclays Capital on Monday, April 18 with “Overweight”. The stock of SKY PLC (LON:SKY) earned “Buy” rating by UBS on Wednesday, November 4. The firm earned “Underperform” rating on Tuesday, August 18 by Credit Suisse.
About 2.46 million shares traded hands. SKY PLC (LON:SKY) has declined 17.47% since May 2, 2016 and is downtrending. It has underperformed by 22.70% 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 improved, 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.
Blackrock Investment Ltd holds 0% or 1,210 shares in its portfolio. Investec Asset Mgmt Ltd owns 144,620 shares or 0.01% of their US portfolio. Eam Investors Limited accumulated 0.2% or 144,440 shares. Gabelli Funds Limited Company has 185,990 shares for 0.01% of their US portfolio. Tower Cap Lc (Trc) reported 194 shares or 0% of all its holdings. Gamco Invsts Incorporated Et Al has 0.02% invested in the company for 330,100 shares. Venator Capital Management Ltd accumulated 524,492 shares or 4.16% of the stock. Acadian Asset Mngmt Ltd holds 1,578 shares or 0% of its portfolio. Blackrock Fund Advsrs holds 18,061 shares or 0% of its portfolio. Nationwide Fund holds 0% of its portfolio in SKY PLC (LON:SKY) for 1,050 shares. Wells Fargo Communications Mn last reported 0% of its portfolio in the stock. The Texas-based Dimensional Fund Advsr Lp has invested 0% in SKY PLC (LON:SKY). Renaissance Techs Ltd Llc holds 180,100 shares or 0% of its portfolio. Walleye Trading Lc holds 0% of its portfolio in SKY PLC (LON:SKY) for 5,300 shares. Northern Tru holds 19,537 shares or 0% of its portfolio.
Insider Transactions: Since November 10, 2016, the stock had 0 buys, and 1 sale for $233,200 net activity. $233,200 worth of SKY PLC (LON:SKY) was sold by DECIO ARTHUR J on Thursday, November 10.
Sky plc is an entertainment and communications company. The company has a market cap of 13.27 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 19.95 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.
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