Inmarsat Plc Given Consensus Recommendation of “Hold” by Analysts (LON:ISAT)
Inmarsat Plc (LON:ISAT) has received an average rating of “Hold” from the eighteen ratings firms that are covering the company, StockRatingsNetwork.com reports. Three research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 766.41 ($13.05).
ISAT has been the subject of a number of recent research reports. Analysts at Oddo & Cie reiterated a “neutral” rating on shares of Inmarsat Plc in a research note on Friday. They now have a GBX 650 ($11.07) price target on the stock. Separately, analysts at Numis Securities Ltd raised their price target on shares of Inmarsat Plc from GBX 800 ($13.63) to GBX 920 ($15.67) in a research note on Wednesday, June 25th. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Inmarsat Plc from GBX 800 ($13.63) to GBX 920 ($15.67) in a research note on Wednesday, June 25th. They now have a “buy” rating on the stock.
Inmarsat Plc (LON:ISAT) opened at 761.00 on Tuesday. Inmarsat Plc has a 52 week low of GBX 636.00 and a 52 week high of GBX 774.50. The stock has a 50-day moving average of GBX 730.0 and a 200-day moving average of GBX 727.. The company’s market cap is £3.406 billion.
Inmarsat plc is a provider of global mobile satellite communications services (LON:ISAT), providing data and voice connectivity worldwide.
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