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Morgan Stanley upgraded British Sky Broadcasting (ADR) (OTC:SKYAY) from Equal-weight to Overweight in a statement released earlier today.

Just yesterday British Sky Broadcasting (ADR) (OTC:SKYAY) traded 2.17% higher at $44.55. The company’s 50-day average is $45.69 and its two hundred day average is $51.62. With the last close down 13.40% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same period. Volume of trade was was down over the average, with 3,199 shares of SKYAY changing hands under the typical 183,130 shares..

Morgan Stanley has upgraded British Sky Broadcasting (ADR)(OTC:SKYAY) from Equal-weight to Overweight in a statement released Monday September 19 2016.

Recent Performance Graphic:

British Sky Broadcasting (ADR) (OTC:SKYAY)

In addition to Morgan Stanley reporting it’s stock price target, a total of 1 broker has reported on the stock. The consensus target stock price is $44.20 with 0 rating the stock a strong buy, 0 rating the company a buy, 0 analysts rating the stock a hold, one analyst rating the company to underperform, and lastly 0 brokerages rating the company as sell.

With a market cap of $0.0, British Sky Broadcasting (ADR) has a P/E of 22 with a 52 week low of $41.80 and a 52 week high of $69.11.

General Company Details For British Sky Broadcasting (ADR) (OTC:SKYAY)

Sky plc, formerly British Sky Broadcasting Group plc is an entertainment company. The Company serves approximately 21 million customers across five countries: Italy, Germany, Austria, the United Kingdom and Ireland. The Company owns and operates Britain and Ireland’s portfolio of pay television (TV) channels across entertainment, sports, movies and 24-hour news. It operates in three segments: UK & Ireland, which include the activities and operations of the pay TV, home communications and adjacent businesses in the United Kingdom and Ireland; Italy, which include the activities and operations of the pay TV and adjacent businesses in Italy, and Germany & Austria, which include the activities and operations of the pay TV and adjacent businesses in Germany and Austria. The Company’s Sky Sports’ seven channels broadcast a range of live and exclusive sport, news and analysis, and from football and golf to cricket and tennis.

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