British Sky Broadcasting Group PLC (OTCMKTS:SKYAY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Thursday.

According to Zacks, “Sky plc offers entertainment and communications service. The Company offers Sky TV, on demand television programs; Sky Broadband offers broadband and telephony services; NOW TV is a streaming service and provides access to the Sky’s content; Sky Sports’ channels broadcast live sport, news and analysis, from football and golf to cricket and tennis; Sky Entertainment offers entertainment channels Sky 1, Sky Living, Sky Atlantic and Sky Arts; Sky News provides news and analysis; Sky Media is an advertising sales house and offers advertisers access to television channels; Sky Business provides Sky’s television and WiFi services; Sky Bet offers online betting and gaming services. Sky plc formerly known as British Sky Broadcasting Group plc is based in Isleworth, the United Kingdom. “

SKYAY has been the topic of several other reports. RBC Capital Markets upgraded British Sky Broadcasting Group PLC from an “underperform” rating to an “outperform” rating in a research report on Tuesday, July 19th. Beaufort Securities reiterated a “buy” rating on shares of British Sky Broadcasting Group PLC in a research report on Friday, September 16th. Citigroup Inc. reiterated a “buy” rating on shares of British Sky Broadcasting Group PLC in a research report on Wednesday, July 20th. Finally, Morgan Stanley upgraded British Sky Broadcasting Group PLC from an “equal” rating to a “weight” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the stock. British Sky Broadcasting Group PLC currently has an average rating of “Buy” and an average price target of $51.00.

Analyst Recommendations for British Sky Broadcasting Group PLC (OTCMKTS:SKYAY)

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Shares of British Sky Broadcasting Group PLC (OTCMKTS:SKYAY) opened at 44.97 on Thursday. British Sky Broadcasting Group PLC has a one year low of $41.80 and a one year high of $69.11. The stock has a market capitalization of $19.20 billion, a PE ratio of 21.83 and a beta of 0.80. The company’s 50-day moving average price is $45.39 and its 200 day moving average price is $51.26.

British Sky Broadcasting Group PLC Company Profile

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 (TV) channels across entertainment, sports, movies and 24-hour news.

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