[July 26, 2011] Sky's the limit for satellite giant Tweet Jul 23, 2011 (Daily Mail - McClatchy-Tribune Information Services via COMTEX) -- Many analysts are predicting a rapid recovery in the share price of BSkyB, which is 39pc owned by Rupert Murdoch's News Corporation, writes Ian Lyall. The stock tumbled almost 20pc to under 700p as the full extent of the phone hacking at the News of the World emerged. Before the scandal exploded, the smart money was on Murdoch taking full control of the business. But the UKpound8bn bid was withdrawn. While News Corporation has been left reeling by the events of the past few weeks, the brokers reckon Sky is a decent investment. Deutsche Bank, UBS and Goldman Sachs have all given buy recommendations and believe the price will quickly get back to at least 850p with Goldman setting a target price of 900p. Read more at www.brokerforecasts.com To see more of the Daily Mail, or to subscribe to the newspaper, go to http://www.dailymail.co.uk/home/index.html. Copyright (c) 2011, Daily Mail, London Distributed by McClatchy-Tribune Information Services. For more information about the content services offered by McClatchy-Tribune Information Services (MCT), visit www.mctinfoservices.com. [ Back To TMCnet.com's Homepage ]