Inmarsat Plc (LON:ISAT) Receives Consensus Recommendation of “Hold” from Brokerages

Inmarsat Plc (LON:ISAT) has been given an average recommendation of “Hold” by the nine ratings firms that are presently covering the company, MarketBeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 577.29 ($7.54).

Separately, Deutsche Bank reaffirmed a “hold” rating on shares of Inmarsat in a report on Tuesday, October 22nd.

LON ISAT traded up GBX 4.60 ($0.06) during trading on Friday, hitting GBX 562.60 ($7.35). 1,857,225 shares of the company’s stock traded hands, compared to its average volume of 2,850,000. The stock has a market capitalization of $2.61 billion and a price-to-earnings ratio of 19.95. Inmarsat has a 12-month low of GBX 355 ($4.64) and a 12-month high of GBX 617.20 ($8.06). The company has a debt-to-equity ratio of 215.06, a quick ratio of 0.82 and a current ratio of 0.86. The business has a 50 day moving average of GBX 567.70 and a 200-day moving average of GBX 560.23.

About Inmarsat

Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, U.S. Government, Global Government, Aviation, and Enterprise. 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.

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Analyst Recommendations for Inmarsat (LON:ISAT)

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