Inmarsat PLC (OTC:IMASY) – Equities research analysts at Jefferies Group raised their FY2016 earnings per share estimates for Inmarsat PLC in a research report issued on Monday. Jefferies Group analyst G. Thorne now anticipates that the firm will earn $0.58 per share for the year, up from their prior forecast of $0.47. Jefferies Group also issued estimates for Inmarsat PLC’s FY2017 earnings at $0.63 EPS.

Separately, Goldman Sachs Group Inc. began coverage on Inmarsat PLC in a research report on Wednesday, August 10th. They issued a “buy” rating for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold”.

Inmarsat PLC (OTC:IMASY) opened at 8.99 on Wednesday. Inmarsat PLC has a 52 week low of $8.45 and a 52 week high of $17.17. The firm’s 50-day moving average price is $9.15 and its 200 day moving average price is $10.23.

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