Inmarsat (LON:ISAT)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.
Several other research analysts have also recently commented on ISAT. HSBC cut shares of China Mobile from a “buy” rating to a “hold” rating in a research report on Thursday, March 21st. Barclays set a €77.00 ($89.53) target price on shares of HeidelbergCement and gave the stock a “buy” rating in a research report on Thursday, March 21st. Numis Securities restated a “buy” rating and issued a GBX 200 ($2.61) target price on shares of ConvaTec Group in a research report on Friday, May 3rd. Finally, Jefferies Financial Group set a $24.00 price target on shares of Guess? and gave the stock a “buy” rating in a research note on Thursday, March 21st. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 556.91 ($7.28).
LON ISAT opened at GBX 559.60 ($7.31) on Friday. Inmarsat has a 52 week low of GBX 355 ($4.64) and a 52 week high of GBX 583.80 ($7.63). The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of 234.06. The company has a market cap of $2.59 billion and a PE ratio of -12.81. The stock has a 50-day moving average price of GBX 547.50.
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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