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Intelsat SA (NYSE:I) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report released on Tuesday, AnalystRatings.Net reports. They currently have a $19.10 price target on the stock. Zacks‘ price target suggests a potential downside of 5.16% from the company’s current price.

Intelsat SA (NYSE:I) traded down 0.74% on Tuesday, hitting $19.9901. 138,594 shares of the company’s stock traded hands. Intelsat SA has a 1-year low of $16.90 and a 1-year high of $26.80. The stock has a 50-day moving average of $21.22 and a 200-day moving average of $22.03. The company’s market cap is $2.104 billion.

Intelsat SA (NYSE:I) last announced its earnings results on Thursday, February 20th. The company reported $0.84 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.38 by $0.46. The company had revenue of $672.87 million for the quarter, compared to the consensus estimate of $642.09 million. On average, analysts predict that Intelsat SA will post $-2.61 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Wells Fargo & Co. upgraded shares of Intelsat SA from a “market perform” rating to an “outperform” rating in a research note on Thursday, February 6th. Analysts at Nomura reiterated a “buy” rating on shares of Intelsat SA in a research note on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. Intelsat SA currently has an average rating of “Hold” and a consensus target price of $26.12.

Intelsat Investments SA, formerly Intelsat SA, is a Luxembourg-based company which provides satellite services worldwide.

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