Jefferies Group Gives Buy Rating to Inmarsat (ISAT)
Inmarsat opened at 616.61 on Monday. Inmarsat has a 52-week low of GBX 388.80 and a 52-week high of GBX 632.50. The stock’s 50-day moving average is currently GBX 582.. The company’s market cap is £2.819 billion.
A number of other firms have also recently commented on ISAT. Analysts at Barclays Capital reiterated an “overweight” rating on shares of Inmarsat in a research note to investors on Thursday, December 13th. They now have a $10.41 price target on the stock. Separately, analysts at Exane BNP Paribas reiterated a “neutral” rating on shares of Inmarsat in a research note to investors on Wednesday, November 7th. They now have a $9.60 price target on the stock. Finally, analysts at HSBC reiterated a “neutral” rating on shares of Inmarsat in a research note to investors on Tuesday, November 6th. They now have a $10.07 price target on the stock.
Inmarsat plc is a provider of global mobile satellite communications services (MSS), providing data and voice connectivity worldwide.
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