Inmarsat Plc Receives Average Rating of “Hold” from Analysts (LON:ISAT)
Shares of Inmarsat Plc (LON:ISAT) have been given a consensus recommendation of “Hold” by the seventeen ratings firms that are covering the stock, American Banking and Market News reports. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 784.35 ($13.16).
Shares of Inmarsat Plc (LON:ISAT) opened at 699.00 on Wednesday. Inmarsat Plc has a one year low of GBX 80.008 and a one year high of GBX 784.00. The stock has a 50-day moving average of GBX 737.0 and a 200-day moving average of GBX 724.0. The company’s market cap is £3.134 billion.
A number of analysts have recently weighed in on ISAT shares. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Inmarsat Plc in a research note on Thursday, August 7th. They now have a GBX 650 ($10.90) price target on the stock. Separately, analysts at HSBC reiterated a “neutral” rating on shares of Inmarsat Plc in a research note on Wednesday, August 6th. They now have a GBX 800 ($13.42) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Inmarsat Plc in a research note on Tuesday, August 5th. They now have a GBX 800 ($13.42) 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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