Inmarsat PLC (IMASY) Receives Consensus Recommendation of “Hold” from Brokerages
Shares of Inmarsat PLC (OTCMKTS:IMASY) have been given a consensus rating of “Hold” by the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company.
Several equities analysts recently issued reports on the company. ValuEngine upgraded Inmarsat PLC from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research lowered Inmarsat PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, September 12th. Finally, Berenberg Bank upgraded Inmarsat PLC from a “sell” rating to a “hold” rating in a research report on Thursday, November 2nd.
Shares of Inmarsat PLC (IMASY) opened at $6.67 on Wednesday. The company has a debt-to-equity ratio of 2.06, a current ratio of 1.11 and a quick ratio of 1.07. The company has a market capitalization of $3,156.48, a PE ratio of 13.01 and a beta of 0.14. Inmarsat PLC has a 52 week low of $6.83 and a 52 week high of $11.19.
Inmarsat PLC Company Profile
Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, US Government, Enterprise, Aviation, and Global Government. It offers voice and data broadband services; global maritime distress and safety system services; mobile and fixed voice services; a portfolio of machine-to-machine services that provide two-way data connectivity for messaging, tracking, and monitoring of fixed or mobile assets; maritime satellite services, including very small aperture terminals and television receive only antenna services; and Global Xpress, a high-speed broadband service that offer seamless connectivity for advanced data services on land, at sea, and in the air.
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