Equities research analysts at Jefferies Group upped their price target on shares of Inmarsat (LON:ISAT) from GBX 750 ($12.26) to GBX 790 ($12.92) in a research note issued to investors on Tuesday, Stock Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s price target indicates a potential upside of 8.15% from the stock’s previous close.
Shares of Inmarsat (LON:ISAT) opened at 734.00 on Tuesday. Inmarsat has a 52-week low of GBX 579.00 and a 52-week high of GBX 749.00. The stock has a 50-day moving average of GBX 697.8 and a 200-day moving average of GBX 691.. The company’s market cap is £3.286 billion.
ISAT has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Inmarsat in a research note to investors on Friday. They now have a GBX 600 ($9.81) price target on the stock. Separately, analysts at AlphaValue downgraded shares of Inmarsat to a “reduce” rating in a research note to investors on Thursday, November 28th. They now have a GBX 700.70 ($11.46) price target on the stock, down previously from GBX 705.50 ($11.54). Finally, analysts at HSBC reiterated a “neutral” rating on shares of Inmarsat in a research note to investors on Monday, November 18th. They now have a GBX 720 ($11.77) price target on the stock. Four research analysts have rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 729.05 ($11.92).
Inmarsat plc is a provider of global mobile satellite communications services (LON:ISAT), providing data and voice connectivity worldwide.
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