Inmarsat Plc Receives Consensus Recommendation of “Hold” from Analysts (LON:ISAT)
Shares of Inmarsat Plc (LON:ISAT) have earned a consensus recommendation of “Hold” from the sixteen ratings firms that are presently covering the company, Analyst Ratings Network.com reports. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 749.31 ($12.60).
Inmarsat Plc (LON:ISAT) opened at 697.50 on Friday. Inmarsat Plc has a 52 week low of GBX 599.055 and a 52 week high of GBX 774.50. The stock’s 50-day moving average is GBX 736.5 and its 200-day moving average is GBX 719.2. The company’s market cap is £3.121 billion.
ISAT has been the subject of a number of recent research reports. Analysts at Berenberg Bank reiterated a “hold” rating on shares of Inmarsat Plc in a research note on Tuesday. They now have a GBX 715 ($12.03) price target on the stock. Separately, analysts at AlphaValue reiterated a “reduce” rating on shares of Inmarsat Plc in a research note on Tuesday, May 13th. They now have a GBX 719 ($12.09) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Inmarsat Plc in a research note on Wednesday, May 7th. They now have a GBX 800 ($13.46) price target on the stock.
Inmarsat plc is a provider of global mobile satellite communications services (LON:ISAT), providing data and voice connectivity worldwide.
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