Inmarsat (LON:ISAT)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank in a report issued on Monday.
Several other brokerages also recently commented on ISAT. Credit Suisse Group reiterated an “outperform” rating and set a GBX 810 ($11.19) price target on shares of Inmarsat in a report on Friday, January 26th. Berenberg Bank upgraded shares of Inmarsat to a “hold” rating and lowered their price objective for the stock from GBX 680 ($9.39) to GBX 640 ($8.84) in a research note on Thursday, November 2nd. HSBC lowered their price objective on shares of Inmarsat from GBX 720 ($9.95) to GBX 570 ($7.88) and set a “hold” rating on the stock in a research note on Wednesday, November 15th. Numis Securities restated a “sell” rating and issued a GBX 400 ($5.53) price objective on shares of Inmarsat in a research note on Monday, January 15th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Inmarsat from GBX 740 ($10.22) to GBX 690 ($9.53) and set a “neutral” rating on the stock in a research note on Friday, November 10th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company’s stock. Inmarsat presently has an average rating of “Hold” and a consensus target price of GBX 661.11 ($9.13).
Inmarsat (LON:ISAT) opened at GBX 463 ($6.40) on Monday. Inmarsat has a twelve month low of GBX 418.70 ($5.78) and a twelve month high of GBX 865 ($11.95). The company has a market capitalization of $2,120.00 and a P/E ratio of 1,361.76.
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Inmarsat 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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