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British Sky Broadcasting Group (LON:BSY)‘s stock had its “buy” rating reiterated by Citigroup Inc. in a research note issued on Monday, AnalystRatings.Net reports. They currently have a GBX 1,000 ($16.48) price target on the stock. Citigroup Inc.’s price objective would indicate a potential upside of 16.55% from the company’s current price.

Shares of British Sky Broadcasting Group (LON:BSY) traded up 0.70% during mid-day trading on Monday, hitting GBX 858.00. 4,863,598 shares of the company’s stock traded hands. British Sky Broadcasting Group has a 52-week low of GBX 761.307 and a 52-week high of GBX 951.00. The stock has a 50-day moving average of GBX 831.0 and a 200-day moving average of GBX 851.3. The company’s market cap is £13.488 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at Westhouse Securities reiterated a “buy” rating on shares of British Sky Broadcasting Group in a research note to investors on Thursday. They now have a GBX 985 ($16.23) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of British Sky Broadcasting Group in a research note to investors on Wednesday, January 22nd. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of British Sky Broadcasting Group in a research note to investors on Wednesday, January 22nd. They now have a GBX 941 ($15.51) price target on the stock. Eight analysts have rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 859.05 ($14.15).

British Sky Broadcasting Group plc (LON:BSY) and its subsidiaries operates multichannel, multiplatform pay television service in the United Kingdom and Ireland.

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