Inmarsat Rating Reiterated by BNP Paribas (ISAT)
Inmarsat (LON:ISAT)‘s stock had its “underperform” rating reiterated by equities researchers at BNP Paribas in a research report issued on Monday, American Banking and Market News reports. They currently have a GBX 635 ($10.25) target price on the stock. BNP Paribas’ target price would suggest a potential downside of 10.81% from the stock’s previous close.
A number of other analysts have also recently weighed in on ISAT. Analysts at Citigroup Inc. reiterated a “sell” rating on shares of Inmarsat (LON:ISAT) in a research note to investors on Monday. They now have a GBX 560 ($9.04) price target on the stock. Separately, analysts at AlphaValue reiterated a “reduce” rating on shares of Inmarsat (LON:ISAT) in a research note to investors on Thursday. They now have a GBX 724 ($11.68) price target on the stock. Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of Inmarsat (LON:ISAT) in a research note to investors on Wednesday, September 25th. They now have a GBX 780 ($12.58) price target on the stock. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the stock. Inmarsat presently has an average rating of “Hold” and an average target price of GBX 736.97 ($11.89).
Shares of Inmarsat (LON:ISAT) opened at 703.00 on Monday. Inmarsat has a 52-week low of GBX 534.50 and a 52-week high of GBX 749.00. The stock’s 50-day moving average is GBX 712.7 and its 200-day moving average is GBX 686.0. The company’s market cap is £3.147 billion.
Inmarsat plc is a provider of global mobile satellite communications services (LON:ISAT), providing data and voice connectivity worldwide.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.