Credit Suisse Group AG restated their outperform rating on shares of Inmarsat Plc (LON:ISAT) in a research note issued to investors on Wednesday morning. They currently have a GBX 940 ($11.46) target price on the stock, down from their prior target price of GBX 1,060 ($12.92).
ISAT has been the subject of several other reports. Barclays PLC restated an underweight rating and set a GBX 840 ($10.24) target price on shares of Inmarsat Plc in a research note on Wednesday, August 31st. Jefferies Group reiterated a buy rating and issued a GBX 1,245 ($15.17) price target on shares of Inmarsat Plc in a research note on Monday, October 10th. Macquarie dropped their price target on Inmarsat Plc from GBX 1,000 ($12.19) to GBX 800 ($9.75) and set a neutral rating for the company in a research note on Monday, September 26th. HSBC dropped their price target on Inmarsat Plc from GBX 940 ($11.46) to GBX 790 ($9.63) and set a hold rating for the company in a research note on Thursday, October 20th. Finally, Royal Bank Of Canada increased their price target on Inmarsat Plc from GBX 1,100 ($13.41) to GBX 1,150 ($14.02) and gave the company an outperform rating in a research note on Friday, August 5th. Two analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 974.73 ($11.88).
Inmarsat Plc (LON:ISAT) opened at 711.00 on Wednesday. Inmarsat Plc has a 12-month low of GBX 663.50 and a 12-month high of GBX 1,153.00. The firm’s 50-day moving average price is GBX 711.31 and its 200 day moving average price is GBX 783.78. The company’s market capitalization is GBX 3.20 billion.