Inmarsat Plc (LON:ISAT) Receives Consensus Rating of “Hold” from Analysts

Inmarsat Plc (LON:ISAT) has received an average recommendation of “Hold” from the nine brokerages that are covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 577.29 ($7.54).

Separately, Deutsche Bank restated a “buy” rating on shares of Inmarsat in a research report on Friday, August 2nd.

Shares of ISAT traded down GBX 4.20 ($0.05) during mid-day trading on Monday, reaching GBX 551.60 ($7.21). 958,840 shares of the company’s stock were exchanged, compared to its average volume of 2,850,000. The company has a debt-to-equity ratio of 215.06, a current ratio of 0.86 and a quick ratio of 0.82. The stock has a market capitalization of $2.56 billion and a PE ratio of 19.56. The business’s fifty day simple moving average is GBX 581.30 and its 200-day simple moving average is GBX 559.60. Inmarsat has a 52-week low of GBX 355 ($4.64) and a 52-week high of GBX 617.20 ($8.06).

About Inmarsat

Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, U.S. Government, Global Government, Aviation, and Enterprise. 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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Analyst Recommendations for Inmarsat (LON:ISAT)

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