Report
Allan C. Nichols
EUR 101.80 For Business Accounts Only

Sky agrees to be acquired by Fox for GBX 1075 per share.

Sky reported mixed fiscal-year end results with better revenue, but weaker EBITDA margins. We are maintaining our GBX 1,010 fair value estimate and narrow-moat rating. We continue to believe the biggest factor with Sky’s stock price is Fox’s pending takeover. While the offer has been referred to the U.K. secretary of state for digital, culture, media and sport for review, we ultimately expect the deal will be approved.
The firm reported revenue growth of 8% versus our projection of 6.5%. The big...
Underlying
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Allan C. Nichols

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch