Inmarsat Plc (ISAT) Stock Rating Reaffirmed by Jefferies Group
Inmarsat Plc (LON:ISAT)‘s stock had its “buy” rating reissued by equities research analysts at Jefferies Group in a research report issued on Monday. They presently have a GBX 1,245 ($16.25) price target on the stock. Jefferies Group’s price objective suggests a potential upside of 76.98% from the company’s current price.
A number of other research firms have also recently weighed in on ISAT. Royal Bank Of Canada boosted their price objective on shares of Inmarsat Plc from GBX 1,100 ($14.36) to GBX 1,150 ($15.01) and gave the company an “outperform” rating in a research report on Friday, August 5th. Barclays PLC cut their price objective on shares of Inmarsat Plc from GBX 840 ($10.96) to GBX 745 ($9.72) and set an “underweight” rating on the stock in a research report on Monday, October 3rd. HSBC upped their price target on shares of Inmarsat Plc from GBX 890 ($11.62) to GBX 940 ($12.27) and gave the stock a “hold” rating in a report on Friday, August 5th. Macquarie upped their price target on shares of Inmarsat Plc from GBX 975 ($12.73) to GBX 1,000 ($13.05) and gave the stock a “neutral” rating in a report on Friday, August 5th. Finally, Credit Suisse Group AG restated an “outperform” rating and issued a GBX 1,060 ($13.84) price target on shares of Inmarsat Plc in a report on Thursday, August 4th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. Inmarsat Plc has a consensus rating of “Hold” and a consensus price target of GBX 999.40 ($13.05).
Shares of Inmarsat Plc (LON:ISAT) opened at 706.4313 on Monday. Inmarsat Plc has a 1-year low of GBX 663.50 and a 1-year high of GBX 1,153.00. The firm’s 50-day moving average is GBX 747.85 and its 200-day moving average is GBX 809.80. The company’s market capitalization is GBX 3.18 billion.
Inmarsat Plc Company Profile
Inmarsat plc is a United Kingdom-based provider of global mobile satellite communications services. The Company’s segments include Maritime, Government, Enterprise, Aviation and Central Services. The Maritime segment focuses on commercial maritime services across the world. The Maritime segment includes the provision of broadband data and safety communications for all vessel sizes.
Receive News & Stock Ratings for Inmarsat Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inmarsat Plc and related stocks with our FREE daily email newsletter.