NWS – Deutsche Bank rates the stock as Buy

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Deutsche Bank rates the stock as Buy

The 1Q result for BSkyB was solid, in Deutsche Bank’s view, and this supports the broker’s earnings forecasts for the full year.

There remains upside from current levels, in the broker’s view, so a Buy rating is retained.

Sector: Media.

Target price is $26.00. Current Price is $23.66. Difference: $2.34 – (brackets indicate current price is over target). If NWS meets the Deutsche Bank target it will return approximately 9% (excluding dividends, fees and charges – negative figures indicate an expected loss).

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