Inmarsat Receives “Outperform” Rating from Credit Suisse (ISAT)
Inmarsat (LON:ISAT)‘s stock had its “outperform” rating reiterated by investment analysts at Credit Suisse in a note issued to investors on Thursday, Analyst Ratings Net reports. They currently have a GBX 800 ($13.12) target price on the stock. Credit Suisse’s price target suggests a potential upside of 5.61% from the company’s current price.
ISAT has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Inmarsat in a research note to investors on Friday, December 13th. Separately, analysts at Jefferies Group raised their price target on shares of Inmarsat from GBX 750 ($12.30) to GBX 790 ($12.96) in a research note to investors on Tuesday, December 10th. They now have a “buy” rating on the stock. Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of Inmarsat in a research note to investors on Friday, December 6th. They now have a GBX 600 ($9.84) price target on the stock. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 736.98 ($12.09).
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.