Inmarsat Plc (LON:ISAT) Receives GBX 576.83 Average Target Price from Analysts
Inmarsat Plc (LON:ISAT) has earned an average rating of “Hold” from the seven analysts that are covering the company, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is GBX 567.20 ($7.41).
Separately, Deutsche Bank reiterated a “hold” rating on shares of Inmarsat in a research note on Tuesday, October 22nd.
LON ISAT remained flat at $GBX 544.40 ($7.11) during trading on Tuesday. Inmarsat has a 12-month low of GBX 355 ($4.64) and a 12-month high of GBX 617.20 ($8.06). The company’s fifty day moving average is GBX 552.76 and its 200 day moving average is GBX 562.04. The company has a market capitalization of $2.56 billion and a price-to-earnings ratio of -41.56. The company has a debt-to-equity ratio of 202.10, a current ratio of 0.84 and a quick ratio of 0.79.
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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