Sky Network Television 'mispriced as Declining Satellite TV Operator'

Dow Jones
07/14

0020 GMT - Sky Network Television is being mispriced as a declining satellite TV operator, says Macquarie. Instead, the business should be viewed as a cash-generative New Zealand-based video aggregator. Sky Network TV owns sports rights that are scarce and which support retention of subscribers. Macquarie likes its optionality around advertising and video on demand, while other positives are its net cash position and high yield. "FY27 is the proof year," says Macquarie, which retains an outperform call. Its price target rises by 9.6% to NZ$3.90/share. Sky Network TV is up 1.2% at NZ$3.40. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

July 13, 2026 20:20 ET (00:20 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10