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Inmarsat Plc (LON:ISAT)‘s stock had its “reduce” rating reissued by analysts at AlphaValue in a research report issued to clients and investors on Tuesday. They currently have a GBX 726 ($12.05) price target on the stock. AlphaValue’s target price would indicate a potential upside of 2.83% from the stock’s previous close.

Inmarsat Plc (LON:ISAT) opened at 706.50 on Tuesday. 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 721.9 and a 200-day moving average of GBX 724.4. The company’s market cap is £3.167 billion.

Other equities research analysts have also recently issued reports about the stock. 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 ($10.79) 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 ($13.28) 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 ($13.28) price target on the stock. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 784.76 ($13.02).

Inmarsat plc is a provider of global mobile satellite communications services (LON:ISAT), providing data and voice connectivity worldwide.

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