Inmarsat PLC (IMASY) Rating Increased to Equal Weight at Barclays PLC
Barclays PLC upgraded shares of Inmarsat PLC (OTCMKTS:IMASY) from an underweight rating to an equal weight rating in a research report report published on Friday morning, MarketBeat reports.
Other equities analysts have also recently issued research reports about the company. Zacks Investment Research raised Inmarsat PLC from a sell rating to a hold rating in a report on Thursday, November 9th. UBS AG raised Inmarsat PLC from a sell rating to a neutral rating in a report on Wednesday, November 15th. ValuEngine raised Inmarsat PLC from a hold rating to a buy rating in a report on Friday, September 1st. Finally, Berenberg Bank raised Inmarsat PLC from a sell rating to a hold rating in a report on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of Hold.
Inmarsat PLC (OTCMKTS IMASY) opened at $6.55 on Friday. Inmarsat PLC has a fifty-two week low of $6.51 and a fifty-two week high of $11.19. 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 stock has a market capitalization of $2,979.36, a PE ratio of 12.28 and a beta of 0.14.
About Inmarsat PLC
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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