Citigroup Inc. reaffirmed their buy rating on shares of Sky Plc (LON:SKY) in a research note released on Wednesday, Market Beat.com reports.

SKY has been the topic of a number of other research reports. Deutsche Bank reiterated a buy rating and issued a GBX 1,500 ($21.37) target price on shares of Sky Plc in a research note on Thursday, October 22nd. Numis Securities Ltd reiterated an add rating and issued a GBX 1,250 ($17.81) target price on shares of Sky Plc in a research note on Friday, October 16th. Nomura reiterated a buy rating and issued a GBX 1,300 ($18.52) target price on shares of Sky Plc in a research note on Friday, November 20th. Barclays reiterated an overweight rating and issued a GBX 1,175 ($16.74) target price on shares of Sky Plc in a research note on Wednesday, September 30th. Finally, Haitong Securities restated a sell rating and set a GBX 875 ($12.47) price target on shares of Sky Plc in a research note on Monday. Six research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the stock. Sky Plc currently has a consensus rating of Hold and a consensus target price of GBX 1,052.67 ($15.00).

Sky Plc (LON:SKY) opened at 1047.0000 on Wednesday. The company has a 50-day moving average of GBX 1,077.03 and a 200-day moving average of GBX 1,077.64. Sky Plc has a 52 week low of GBX 899.50 and a 52 week high of GBX 1,180.00.

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

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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