Inmarsat Plc, London (IMASY) Upgraded by Zacks Investment Research to Buy
Zacks Investment Research upgraded shares of Inmarsat Plc, London (NASDAQ:IMASY) from a hold rating to a buy rating in a research note published on Wednesday. Zacks Investment Research currently has $10.00 target price on the stock.
According to Zacks, “Inmarsat plc is a provider of global mobile satellite communications services. It provides voice and high-speed data services for use on land, at sea and in the air worldwide. Inmarsat also provides mobile and fixed-site remote telecommunications services, customized turnkey remote telecommunications solutions, value-added services, equipment, and engineering services. The Company serves the maritime, media, oil and gas, construction, aeronautical industries, governments and aid agencies. Inmarsat plc is headquartered in London, the United Kingdom. “
IMASY has been the topic of several other reports. Barclays PLC raised Inmarsat Plc, London from an underweight rating to an equal weight rating in a research report on Monday, November 7th. Goldman Sachs Group Inc. initiated coverage on Inmarsat Plc, London in a research report on Wednesday, August 10th. They issued a buy rating on the stock.
Shares of Inmarsat Plc, London (NASDAQ:IMASY) traded up 1.45% during trading on Wednesday, reaching $9.12. The company had a trading volume of 900 shares. Inmarsat Plc, London has a 12 month low of $8.45 and a 12 month high of $17.17. The stock has a 50 day moving average price of $0.00 and a 200 day moving average price of $0.00.
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