Intelsat SA Receives Consensus Rating of “Buy” from Analysts (NYSE:I)
Intelsat SA (NYSE:I) has earned an average rating of “Buy” from the seven analysts that are currently covering the company, AnalystRatingsNetwork.com reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $23.67.
A number of research firms have recently commented on I. Analysts at Zacks upgraded shares of Intelsat SA from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 15th. They now have a $20.00 price target on the stock. Separately, analysts at Evercore Partners raised their price target on shares of Intelsat SA from $26.00 to $28.00 in a research note on Monday, June 16th. Finally, analysts at RBC Capital cut their price target on shares of Intelsat SA from $24.00 to $23.00 in a research note on Monday, May 5th. They now have an “outperform” rating on the stock.
Intelsat SA (NYSE:I) opened at 18.13 on Wednesday. Intelsat SA has a 1-year low of $16.92 and a 1-year high of $25.83. The stock’s 50-day moving average is $18.79 and its 200-day moving average is $19.18. The company’s market cap is $1.925 billion.
Intelsat SA is a satellite services business, providing a layer in the global communications infrastructure.
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