Credit Suisse Group AG began coverage on shares of Sky Plc (LON:SKY) in a research note released on Tuesday. The firm issued an outperform rating and a GBX 980 ($12.24) target price on the stock.

A number of other brokerages have also commented on SKY. Kepler Capital Markets restated a hold rating and set a GBX 1,100 ($13.74) price objective on shares of Sky Plc in a research report on Monday, August 1st. Beaufort Securities restated a buy rating on shares of Sky Plc in a research report on Friday, July 29th. BNP Paribas restated an outperform rating and set a GBX 1,075 ($13.43) price objective on shares of Sky Plc in a research report on Friday, July 29th. Deutsche Bank AG restated a buy rating and set a GBX 1,425 ($17.80) price objective on shares of Sky Plc in a research report on Friday, July 29th. Finally, Royal Bank Of Canada restated an outperform rating and set a GBX 1,100 ($13.74) price objective on shares of Sky Plc in a research report on Friday, July 29th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of GBX 1,058.36 ($13.22).

Sky Plc (LON:SKY) opened at 759.50 on Tuesday. The firm has a 50-day moving average price of GBX 826.80 and a 200-day moving average price of GBX 870.63. The stock’s market cap is GBX 12.97 billion. Sky Plc has a 12-month low of GBX 560.00 and a 12-month high of GBX 1,134.00.

In related news, insider Sukawaty,Andrew (Andy) acquired 114 shares of the company’s stock in a transaction that occurred on Friday, August 26th. The stock was acquired at an average price of GBX 870 ($10.87) per share, for a total transaction of £991.80 ($1,239.13). Also, insider Darroch,Jeremy acquired 61,793 shares of the company’s stock in a transaction that occurred on Tuesday, August 30th. The stock was bought at an average price of GBX 864 ($10.79) per share, with a total value of £533,891.52 ($667,030.88).

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Sky Plc Company Profile

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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