Inmarsat Plc (ISAT) Rating Reiterated by Deutsche Bank AG
Inmarsat Plc (LON:ISAT)‘s stock had its ” buy” rating restated by research analysts at Deutsche Bank AG in a research report issued to clients and investors on Tuesday. They currently have a GBX 720 ($9.00) target price on the stock. Deutsche Bank AG’s target price would indicate a potential upside of 2.71% from the stock’s current price.
ISAT has been the topic of several other research reports. Jefferies Group reissued a “buy” rating and set a GBX 1,245 ($15.55) target price on shares of Inmarsat Plc in a research note on Monday, October 31st. Royal Bank Of Canada increased their target price on Inmarsat Plc from GBX 1,100 ($13.74) to GBX 1,150 ($14.37) and gave the stock an “outperform” rating in a research note on Friday, August 5th. Barclays PLC decreased their target price on Inmarsat Plc from GBX 840 ($10.49) to GBX 745 ($9.31) and set an “underweight” rating on the stock in a research note on Monday, October 3rd. HSBC increased their target price on Inmarsat Plc from GBX 890 ($11.12) to GBX 940 ($11.74) and gave the stock a “hold” rating in a research note on Friday, August 5th. Finally, Macquarie increased their target price on Inmarsat Plc from GBX 975 ($12.18) to GBX 1,000 ($12.49) and gave the stock a “neutral” rating in a research note on Friday, August 5th. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 964.40 ($12.05).
Shares of Inmarsat Plc (LON:ISAT) traded up 5.85% during midday trading on Tuesday, reaching GBX 742.00. The company’s stock had a trading volume of 5,040,390 shares. The stock’s 50-day moving average price is GBX 721.69 and its 200-day moving average price is GBX 754.93. Inmarsat Plc has a 12-month low of GBX 663.50 and a 12-month high of GBX 1,153.00. The company’s market cap is GBX 3.33 billion.
About Inmarsat Plc
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.
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