SKY (LON:SKY) Given “Buy” Rating at Citigroup

Citigroup restated their buy rating on shares of SKY (LON:SKY) in a research report released on Monday, December 18th. The firm currently has a GBX 1,130 ($15.32) target price on the stock.

SKY has been the topic of a number of other reports. Liberum Capital reissued a buy rating and set a GBX 1,060 ($14.37) price objective on shares of SKY in a research report on Friday, October 27th. Jefferies Group reissued a buy rating and set a GBX 1,160 ($15.73) price objective on shares of SKY in a research report on Wednesday, September 13th. Credit Suisse Group reissued a neutral rating and set a GBX 1,075 ($14.58) price objective on shares of SKY in a research report on Wednesday, September 13th. Finally, S&P Global set a GBX 1,075 ($14.58) target price on shares of SKY and gave the stock a buy rating in a research note on Friday, October 13th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the stock. The stock has an average rating of Buy and an average target price of GBX 1,100.45 ($14.92).

SKY (LON SKY) traded up GBX 0.50 ($0.01) during trading on Monday, reaching GBX 1,010 ($13.70). 7,657,255 shares of the company’s stock were exchanged, compared to its average volume of 3,870,000. The firm has a market cap of $17,370.00 and a price-to-earnings ratio of 2,525.00. SKY has a 12 month low of GBX 11.40 ($0.15) and a 12 month high of GBX 1,028.50 ($13.95).

In other SKY news, insider Andrew (Andy) Sukawaty acquired 113 shares of the firm’s stock in a transaction on Friday, October 27th. The stock was bought at an average cost of GBX 938 ($12.72) per share, for a total transaction of £1,059.94 ($1,437.40). Also, insider Tracy Jayne Clarke acquired 70 shares of the firm’s stock in a transaction on Thursday, December 21st. The shares were acquired at an average price of GBX 1,019 ($13.82) per share, with a total value of £713.30 ($967.32). Over the last 90 days, insiders purchased 258 shares of company stock valued at $247,824.

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About SKY

Sky plc is an entertainment and communications company. The Company is engaged in operation of pay television broadcasting and home communications services, including provision of broadband and telephone operations. It operates through three segments: UK and Ireland, which includes activities and operations of the pay television, home communications and adjacent businesses in the United Kingdom and Ireland; Germany and Austria, which includes activities and operations of the pay television and adjacent businesses in Germany and Austria, and Italy, which includes activities and operations of the pay television and adjacent businesses in Italy.

Analyst Recommendations for SKY (LON:SKY)

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