Trading Report: Today, Inmarsat PLC (IMASY) Receives $10.00 Consensus Price Target from Analysts

Today, Inmarsat PLC (IMASY) Receives $10.00 Consensus Price Target from Analysts

Inmarsat PLC (OTCMKTS:IMASY) has received a consensus rating of “Buy” from the six research firms that are covering the firm. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $10.00.

A number of brokerages have recently issued reports on IMASY. Zacks Investment Research raised shares of Inmarsat PLC from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a research report on Wednesday, November 16th. Barclays PLC raised shares of Inmarsat PLC from an “underweight” rating to an “equal weight” rating in a research report on Monday, November 7th. Finally, Goldman Sachs Group Inc. began coverage on shares of Inmarsat PLC in a research report on Wednesday, August 10th. They issued a “buy” rating for the company.

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