Sky Plc (LON:SKY)‘s stock had its “buy” rating reiterated by equities researchers at Societe Generale in a research report issued on Monday, Analyst Ratings.Net reports. They presently have a GBX 1,350 ($19.42) price objective on the stock. Societe Generale’s price target would suggest a potential upside of 23.29% from the stock’s previous close.

Shares of Sky Plc (LON:SKY) traded up 1.39% on Monday, reaching GBX 1097.00. The company’s stock had a trading volume of 5,170,625 shares. Sky Plc has a 52-week low of GBX 899.50 and a 52-week high of GBX 1,180.00. The firm’s 50 day moving average is GBX 1,077.29 and its 200-day moving average is GBX 1,077.71.

The firm also recently disclosed a dividend, which will be paid on Thursday, April 21st. Investors 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.

Several other research analysts have also commented on SKY. Citigroup Inc. reiterated a “buy” rating and issued a GBX 1,075 ($15.47) price target on shares of Sky Plc in a research report on Monday, November 2nd. Deutsche Bank reiterated a “buy” rating and issued a GBX 1,500 ($21.58) price target on shares of Sky Plc in a research report on Monday. BNP Paribas reiterated a “neutral” rating and issued a GBX 1,100 ($15.83) price target on shares of Sky Plc in a research report on Monday. Barclays reiterated an “overweight” rating and issued a GBX 1,175 ($16.90) price target on shares of Sky Plc in a research report on Wednesday, October 28th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Sky Plc in a research report on Monday, November 2nd. Six analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company’s stock. Sky Plc currently has an average rating of “Hold” and a consensus price target of GBX 1,065.43 ($15.33).

In other Sky Plc news, insider Sukawaty,Andrew (Andy) acquired 116 shares of Sky Plc stock in a transaction that occurred on Friday, November 27th. The stock was bought 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 acquired 274 shares of Sky Plc stock in a transaction that occurred on Wednesday, December 23rd. The stock was acquired 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, 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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