Espirito Santo Investment Bank Research Reiterates Buy Rating for British Sky Broadcasting Group (BSY)

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Espirito Santo Investment Bank Research reaffirmed their buy rating on shares of British Sky Broadcasting Group (LON: BSY) in a research note issued to investors on Monday, StockRatingsNetwork.com reports. The firm currently has a GBX 935 ($14.25) price target on the stock.

British Sky Broadcasting Group (LON: BSY) traded up 1.35% on Monday, hitting GBX 788.50. British Sky Broadcasting Group has a 1-year low of GBX 638.00 and a 1-year high of GBX 905.50. The stock’s 50-day moving average is currently GBX 0.. The company’s market cap is £12.584 billion.

A number of other analysts have also recently weighed in on BSY. Analysts at Morgan Stanley reiterated an equal weight rating on shares of British Sky Broadcasting Group in a research note to investors on Friday, June 7th. They now have a GBX 860 ($13.10) price target on the stock. Separately, analysts at Deutsche Bank reiterated a buy rating on shares of British Sky Broadcasting Group in a research note to investors on Wednesday, May 29th. They now have a GBX 970 ($14.78) price target on the stock. Finally, analysts at Galvan Research reiterated a buy rating on shares of British Sky Broadcasting Group in a research note to investors on Thursday, May 16th.

Six research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of GBX 839.62 ($12.79).

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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