Inmarsat Plc (ISAT) Stock Rating Reaffirmed by Jefferies Group
Inmarsat Plc (LON:ISAT)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Group in a research note issued on Monday. They currently have a GBX 1,245 ($16.25) target price on the stock. Jefferies Group’s price objective would indicate a potential upside of 76.98% from the company’s current price.
A number of other analysts also recently issued reports on ISAT. Macquarie raised their price objective on Inmarsat Plc from GBX 975 ($12.73) to GBX 1,000 ($13.05) and gave the stock a “neutral” rating in a research report on Friday, August 5th. Royal Bank Of Canada raised their price objective on Inmarsat Plc from GBX 1,100 ($14.36) to GBX 1,150 ($15.01) and gave the stock an “outperform” rating in a research report on Friday, August 5th. HSBC raised their price objective on Inmarsat Plc from GBX 890 ($11.62) to GBX 940 ($12.27) and gave the stock a “hold” rating in a research report on Friday, August 5th. Credit Suisse Group AG reissued an “outperform” rating and set a GBX 1,060 ($13.84) price objective on shares of Inmarsat Plc in a research report on Thursday, August 4th. Finally, Goldman Sachs Group Inc. assumed coverage on Inmarsat Plc in a research report on Wednesday, August 10th. They set a “buy” rating and a GBX 1,090 ($14.23) price objective for the company. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company. Inmarsat Plc presently has an average rating of “Hold” and an average target price of GBX 999.40 ($13.05).
Shares of Inmarsat Plc (LON:ISAT) opened at 706.4313 on Monday. The firm’s 50 day moving average is GBX 747.85 and its 200 day moving average is GBX 809.80. The stock’s market capitalization is GBX 3.18 billion. Inmarsat Plc has a 52-week low of GBX 663.50 and a 52-week high of GBX 1,153.00.
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.
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