8) Sky (SKY)

Will shares fall to Brexit Lows of 770p (-14%) or continue the breakout towards the highs of 1135p (+26%)?
- Post-Brexit uptrend
- Potential breakout at 900p could overcome 2016 downtrend
- Significant upside to prior highs
Broker Consensus: 63% Buy, 15% Hold, 22% Sell
Bullish: Macquarie, Outperform, Target 1400p, +58% (25 Aug)
Average Target: 1064p, +18% (30 Sept)
Bearish: Liberum, Sell, Target 630p, -21% (26 Sept)
N.B. All pricing and consensus data was sourced from Bloomberg on 30 Sept. Recommendations and target prices are revised regularly due to heightened market volatility. Please contact us for a full, up to date rundown.
