Inmarsat (LON:ISAT)‘s stock had its “outperform” rating restated by stock analysts at Credit Suisse Group in a research report issued to clients and investors on Friday. They presently have a GBX 810 ($10.98) price objective on the stock. Credit Suisse Group’s price objective indicates a potential upside of 69.07% from the company’s previous close.
Several other research firms also recently issued reports on ISAT. Deutsche Bank restated a “buy” rating and issued a GBX 1,010 ($13.70) price objective on shares of Inmarsat in a research note on Wednesday, October 11th. Berenberg Bank upgraded shares of Inmarsat to a “hold” rating and decreased their target price for the stock from GBX 680 ($9.22) to GBX 640 ($8.68) in a research note on Thursday, November 2nd. decreased their target price on shares of Inmarsat from GBX 820 ($11.12) to GBX 720 ($9.76) and set a “hold” rating for the company in a research note on Friday, November 3rd. Societe Generale reiterated a “sell” rating and set a GBX 520 ($7.05) target price on shares of Inmarsat in a research note on Monday, November 6th. Finally, Numis Securities reiterated a “sell” rating and set a GBX 400 ($5.42) target price on shares of Inmarsat in a research note on Monday, January 15th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 665 ($9.02).
Inmarsat (ISAT) opened at GBX 479.10 ($6.50) on Friday. Inmarsat has a 12 month low of GBX 439.25 ($5.96) and a 12 month high of GBX 865 ($11.73). The stock has a market cap of $2,190.00 and a price-to-earnings ratio of 1,451.82.
COPYRIGHT VIOLATION WARNING: “Inmarsat’s (ISAT) Outperform Rating Reaffirmed at Credit Suisse Group” was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this news story on another site, it was stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this news story can be read at https://sportsperspectives.com/2018/01/28/inmarsats-isat-outperform-rating-reaffirmed-at-credit-suisse-group.html.
Inmarsat Company Profile
Inmarsat plc is a United Kingdom-based provider of global mobile satellite communications services. The Company’s segments include Maritime, Government, Enterprise, Aviation and Central Services. The Maritime segment focuses on commercial maritime services across the world. The Maritime segment includes the provision of broadband data and safety communications for all vessel sizes.
Receive News & Ratings for Inmarsat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inmarsat and related companies with MarketBeat.com's FREE daily email newsletter.