Sky Network TV's Risk/Reward Still Not Attractive -- Market Talk

Dow Jones
03/02

2321 GMT - Sky Network TV's solid beat with its 1H result doesn't alter Morgan Stanley's bearish view of its stock. Sky Network TV reported a 29% rise in 1H Ebitda to NZ$78 million, exceeding consensus hopes by 10%. Guidance for FY 2026 revenue and Ebitda were also better than expected at the midpoint of the ranges. Analyst Andrew McLeod says Sky Network TV's management is doing a good job at controlling the levers it can. "But, we don't think it is enough to offset the structural and cyclical challenges the payTV business is facing," MS says. "Risk/return is not sufficiently attractive." MS retains an underweight call on Sky Network TV, and lifts its price target by 9.2% to NZ$2.50/share. Sky Network TV is down 0.9% at NZ$3.33 today. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

March 01, 2026 18:21 ET (23:21 GMT)

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

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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