Sky Plc (LON:SKY)‘s stock had its “buy” rating reaffirmed by research analysts at Nomura in a report issued on Monday, Market Beat reports. They currently have a GBX 1,400 ($19.95) price target on the stock. Nomura’s target price would indicate a potential upside of 29.39% from the stock’s previous close.

Sky Plc (LON:SKY) opened at 1099.0000 on Monday. Sky Plc has a 12-month low of GBX 899.50 and a 12-month high of GBX 1,180.00. The stock has a 50 day moving average of GBX 1,077.29 and a 200-day moving average of GBX 1,077.71.

The company also recently announced a dividend, which will be paid on Thursday, April 21st. Shareholders of record on Thursday, March 24th will be paid a GBX 12.55 ($0.18) dividend. This represents a yield of 1.16%. The ex-dividend date of this dividend is Thursday, March 24th.

In other news, insider Lewis,Dave bought 274 shares of the business’s stock in a transaction on Wednesday, December 23rd. The stock was acquired at an average price of GBX 1,105 ($15.74) per share, with a total value of £3,027.70 ($4,313.58). Also, insider Sukawaty,Andrew (Andy) bought 116 shares of the business’s stock in a transaction on Friday, November 27th. The stock was purchased at an average cost of GBX 1,117 ($15.91) per share, with a total value of £1,295.72 ($1,846.02).

A number of other equities research analysts have also recently commented on the company. Numis Securities Ltd reiterated an “add” rating and set a GBX 1,250 ($17.81) target price on shares of Sky Plc in a research note on Friday, October 16th. Investec reiterated a “reduce” rating and set a GBX 1,030 ($14.67) target price on shares of Sky Plc in a research note on Wednesday, October 21st. Credit Suisse upgraded Sky Plc to an “outperform” rating and lifted their target price for the stock from GBX 630 ($8.98) to GBX 1,287 ($18.34) in a research note on Wednesday, October 14th. Barclays reiterated an “overweight” rating and set a GBX 1,175 ($16.74) target price on shares of Sky Plc in a research note on Monday, October 19th. Finally, Macquarie reiterated an “outperform” rating and set a GBX 1,400 ($19.95) target price on shares of Sky Plc in a research note on Friday, December 11th. Six research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 1,065.43 ($15.18).

Sky plc, formerly British Sky Broadcasting Group plc is an entertainment company. The Company serves approximately 21 million customers across five countries: Italy, Germany, Austria, the United Kingdom and Ireland. The Company owns and operates Britain and Ireland’s portfolio of pay television (LON:SKY) channels across entertainment, sports, movies and 24-hour news. It operates in three segments: UK & Ireland, which include the activities and operations of the pay TV, home communications and adjacent businesses in the United Kingdom and Ireland; Italy, which include the activities and operations of the pay TV and adjacent businesses in Italy, and Germany & Austria, which include the activities and operations of the pay TV and adjacent businesses in Germany and Austria. The Company’s Sky Sports’ seven channels broadcast a range of live and exclusive sport, news and analysis, from football and golf to cricket and tennis.

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