British Sky Broadcasting Group plc Stock Rating Reaffirmed by Citigroup Inc. (BSY)
British Sky Broadcasting Group plc (LON:BSY)‘s stock had its “buy” rating reaffirmed by equities researchers at Citigroup Inc. in a research report issued on Monday, StockRatingsNetwork.com reports. They currently have a GBX 1,000 ($16.76) price target on the stock. Citigroup Inc.’s target price suggests a potential upside of 12.36% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Beaufort Securities reiterated a “buy” rating on shares of British Sky Broadcasting Group plc in a research note on Wednesday, February 12th. Separately, analysts at Societe Generale reiterated a “buy” rating on shares of British Sky Broadcasting Group plc in a research note on Monday, February 3rd. They now have a GBX 1,045 ($17.51) price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of British Sky Broadcasting Group plc in a research note on Friday, January 31st. They now have a GBX 940 ($15.75) price target on the stock. Eight research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 887.39 ($14.87).
Shares of British Sky Broadcasting Group plc (LON:BSY) opened at 901.5001 on Monday. British Sky Broadcasting Group plc has a 52 week low of GBX 761.307 and a 52 week high of GBX 951.00. The stock’s 50-day moving average is GBX 860.4 and its 200-day moving average is GBX 855.4. The company’s market cap is £14.145 billion.
The company also recently announced a dividend, which is scheduled for Tuesday, April 22nd. Investors of record on Wednesday, March 26th will be paid a dividend of GBX 12 ($0.20) per share. This represents a dividend yield of 1.36%. The ex-dividend date is Wednesday, March 26th.
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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