Inmarsat Plc, London (IMASY) Receives Consensus Recommendation of “Hold” from Brokerages

Inmarsat Plc, London (OTCMKTS:IMASY) has been assigned a consensus recommendation of “Hold” from the eight research firms that are presently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and two have given a buy recommendation to the company.

A number of analysts recently weighed in on the stock. Zacks Investment Research cut shares of Inmarsat Plc, London from a “hold” rating to a “sell” rating in a report on Wednesday, January 3rd. ValuEngine cut shares of Inmarsat Plc, London from a “strong-buy” rating to a “buy” rating in a report on Wednesday, January 3rd. Goldman Sachs Group cut shares of Inmarsat Plc, London from a “buy” rating to a “neutral” rating in a report on Monday, December 11th. Barclays upgraded shares of Inmarsat Plc, London from an “underweight” rating to an “equal weight” rating in a report on Friday, November 17th. Finally, UBS Group upgraded shares of Inmarsat Plc, London from a “sell” rating to a “neutral” rating in a report on Wednesday, November 15th.

Shares of Inmarsat Plc, London (OTCMKTS IMASY) opened at $6.90 on Monday. The firm has a market cap of $3,093.78, a P/E ratio of 14.07, a P/E/G ratio of 1.29 and a beta of 0.04. Inmarsat Plc, London has a 1-year low of $5.81 and a 1-year high of $11.19. The company has a current ratio of 1.11, a quick ratio of 1.07 and a debt-to-equity ratio of 2.06.

Inmarsat Plc, London (OTCMKTS:IMASY) last issued its earnings results on Thursday, November 9th. The technology company reported $0.12 earnings per share for the quarter. Inmarsat Plc, London had a net margin of 15.39% and a return on equity of 20.05%. equities research analysts predict that Inmarsat Plc, London will post 0.5 EPS for the current fiscal year.

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About Inmarsat Plc, London

Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, US Government, Enterprise, Aviation, and Global Government. It offers voice and data broadband services; global maritime distress and safety system services; mobile and fixed voice services; a portfolio of machine-to-machine services that provide two-way data connectivity for messaging, tracking, and monitoring of fixed or mobile assets; maritime satellite services, including very small aperture terminals and television receive only antenna services; and Global Xpress, a high-speed broadband service that offer seamless connectivity for advanced data services on land, at sea, and in the air.

Analyst Recommendations for Inmarsat Plc, London (OTCMKTS:IMASY)

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