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

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. “

Other equities research analysts also recently issued research reports about the company. HSBC reissued a “hold” rating on shares of British Sky Broadcasting Group PLC in a research report on Sunday, October 16th. Morgan Stanley raised British Sky Broadcasting Group PLC from an “equal” rating to a “weight” rating in a research report on Monday, September 19th. Liberum Capital reissued a “sell” rating on shares of British Sky Broadcasting Group PLC in a research report on Thursday, October 13th. Citigroup Inc. reissued a “buy” rating on shares of British Sky Broadcasting Group PLC in a research report on Saturday, October 22nd. Finally, Goldman Sachs Group Inc. reissued a “buy” rating on shares of British Sky Broadcasting Group PLC in a research report on Tuesday, September 27th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $52.00.

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

British Sky Broadcasting Group PLC (OTCMKTS:SKYAY) opened at 39.39 on Wednesday. The firm has a 50-day moving average price of $0.00 and a 200 day moving average price of $0.00. British Sky Broadcasting Group PLC has a 12 month low of $38.35 and a 12 month high of $69.11.

About British Sky Broadcasting Group PLC

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.

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