Inmarsat Plc Stock Rating Reaffirmed by BNP Paribas (ISAT)
Inmarsat Plc (LON:ISAT)‘s stock had its “underperform” rating restated by equities researchers at BNP Paribas in a research report issued on Thursday. They currently have a GBX 650 ($10.94) target price on the stock. BNP Paribas’ target price would indicate a potential downside of 8.26% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at HSBC reiterated a “neutral” rating on shares of Inmarsat Plc in a research note on Wednesday. They now have a GBX 800 ($13.46) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Inmarsat Plc in a research note on Tuesday. They now have a GBX 800 ($13.46) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Inmarsat Plc in a research note on Tuesday. They now have a GBX 810 ($13.63) price target on the stock. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company’s stock. Inmarsat Plc presently has a consensus rating of “Hold” and a consensus price target of GBX 784.35 ($13.20).
Inmarsat Plc (LON:ISAT) opened at 703.06 on Thursday. Inmarsat Plc has a 1-year low of GBX 636.00 and a 1-year high of GBX 774.50. The stock has a 50-day moving average of GBX 743.8 and a 200-day moving average of GBX 725.7. The company’s market cap is £3.146 billion.
Inmarsat plc is a provider of global mobile satellite communications services (LON:ISAT), providing data and voice connectivity worldwide.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.