Sky Plc (LON:SKY)‘s stock had its “buy” rating reaffirmed by Citigroup Inc. in a research note issued on Tuesday, StockTargetPrices.com reports.

Other equities research analysts have also issued reports about the company. Numis Securities Ltd restated an “add” rating and set a GBX 1,250 ($17.98) price target on shares of Sky Plc in a research report on Friday, October 16th. Deutsche Bank restated a “buy” rating and set a GBX 1,500 ($21.58) price target on shares of Sky Plc in a research report on Thursday, October 22nd. Nomura restated a “buy” rating and set a GBX 1,300 ($18.70) price target on shares of Sky Plc in a research report on Monday, October 19th. Finally, Beaufort Securities restated a “buy” rating on shares of Sky Plc in a research report on Monday. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating and seven have issued a buy rating to the stock. Sky Plc presently has an average rating of “Hold” and a consensus target price of GBX 1,065.43 ($15.33).

In related news, insider Sukawaty,Andrew (Andy) purchased 116 shares of the business’s stock in a transaction on Friday, November 27th. The stock was acquired at an average price of GBX 1,117 ($16.07) per share, with a total value of £1,295.72 ($1,864.08). Also, insider Lewis,Dave purchased 274 shares of the business’s stock in a transaction on Wednesday, December 23rd. The shares were bought at an average cost of GBX 1,105 ($15.90) per share, with a total value of £3,027.70 ($4,355.78).

Sky Plc (LON:SKY) opened at 1097.00 on Tuesday. Sky Plc has a 1-year low of GBX 899.50 and a 1-year high of GBX 1,180.00. The stock’s 50 day moving average price is GBX 1,078.46 and its 200 day moving average price is GBX 1,076.76.

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

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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