Inmarsat Plc Stock Rating Reaffirmed by Jefferies Group (ISAT)
Inmarsat Plc (LON:ISAT)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Group in a report released on Wednesday, American Banking & Market News reports. They currently have a GBX 800 ($13.44) price target on the stock. Jefferies Group’s price objective points to a potential upside of 9.29% from the stock’s previous close.
Shares of Inmarsat Plc (LON:ISAT) opened at 732.00 on Wednesday. Inmarsat Plc has a 1-year low of GBX 80.008 and a 1-year high of GBX 784.00. The stock has a 50-day moving average of GBX 732.4 and a 200-day moving average of GBX 719.. The company’s market cap is £3.276 billion.
ISAT has been the subject of a number of other recent research reports. Analysts at Nomura reiterated a “neutral” rating on shares of Inmarsat Plc in a research note on Tuesday, April 22nd. They now have a GBX 760 ($12.77) price target on the stock. Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Inmarsat Plc in a research note on Wednesday, April 16th. They now have a GBX 740 ($12.43) price target on the stock. Finally, analysts at Berenberg Bank reiterated a “hold” rating on shares of Inmarsat Plc in a research note on Tuesday, April 15th. They now have a GBX 715 ($12.01) price target on the stock. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 746.05 ($12.53).
Inmarsat plc is a provider of global mobile satellite communications services (LON:ISAT), providing data and voice connectivity worldwide.
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