Inmarsat Plc (LON:ISAT) Given Average Recommendation of “Hold” by Brokerages

Inmarsat Plc (LON:ISAT) has received a consensus recommendation of “Hold” from the eight analysts that are currently covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 576.83 ($7.54).

Separately, Deutsche Bank restated a “hold” rating on shares of Inmarsat in a research report on Tuesday, October 22nd.

Shares of Inmarsat stock traded up GBX 4.20 ($0.05) during trading on Tuesday, hitting GBX 544.40 ($7.11). The stock had a trading volume of 33,879,224 shares, compared to its average volume of 2,850,000. Inmarsat has a 12 month low of GBX 355 ($4.64) and a 12 month high of GBX 617.20 ($8.06). 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 firm’s fifty day simple moving average is GBX 554.19 and its 200-day simple moving average is GBX 561.86. The stock has a market cap of $2.52 billion and a PE ratio of 19.30.

Inmarsat 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, 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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