Inmarsat PLC (IMASY) Given Consensus Recommendation of “Hold” by Analysts
Inmarsat PLC (OTC:IMASY) has earned an average recommendation of “Hold” from the six research firms that are covering the firm. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company.
Several brokerages have recently weighed in on IMASY. Citigroup Inc. raised shares of Inmarsat PLC from a “neutral” rating to a “buy” rating in a research report on Monday, June 20th. Goldman Sachs Group Inc. started coverage on shares of Inmarsat PLC in a research report on Wednesday, August 10th. They issued a “buy” rating on the stock.
Inmarsat PLC (OTC:IMASY) remained flat at $8.73 on Tuesday. The company has a market cap of $3.92 billion, a price-to-earnings ratio of 14.55 and a beta of 0.45. The firm’s 50-day moving average is $9.58 and its 200 day moving average is $11.01. Inmarsat PLC has a 1-year low of $8.57 and a 1-year high of $17.17.
About Inmarsat PLC
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