Inmarsat Plc (ISAT) Rating Reiterated by Deutsche Bank AG

Inmarsat Plc (LON:ISAT)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank AG in a note issued to investors on Wednesday. They presently have a GBX 1,010 ($13.28) price target on the stock. Deutsche Bank AG’s price objective would suggest a potential upside of 56.11% from the company’s current price.

Several other brokerages also recently issued reports on ISAT. Macquarie reiterated an “outperform” rating and set a GBX 900 ($11.83) price target on shares of Inmarsat Plc in a research report on Thursday, June 22nd. Jefferies Group LLC reiterated a “buy” rating and set a GBX 1,245 ($16.37) price target on shares of Inmarsat Plc in a research report on Monday, June 19th. HSBC Holdings plc reduced their price target on shares of Inmarsat Plc from GBX 850 ($11.18) to GBX 830 ($10.91) and set a “hold” rating on the stock in a research report on Friday, July 21st. J P Morgan Chase & Co upped their price target on shares of Inmarsat Plc from GBX 840 ($11.04) to GBX 850 ($11.18) and gave the stock a “neutral” rating in a research report on Friday, August 4th. Finally, Goldman Sachs Group, Inc. (The) reduced their price target on shares of Inmarsat Plc from GBX 960 ($12.62) to GBX 920 ($12.10) and set a “buy” rating on the stock in a research report on Friday, July 14th. Four research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 833.57 ($10.96).

COPYRIGHT VIOLATION WARNING: This news story was reported by Stock Observer and is the sole property of of Stock Observer. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of international copyright laws. The legal version of this news story can be read at https://www.thestockobserver.com/2017/10/13/inmarsat-plc-isat-rating-reiterated-by-deutsche-bank-ag.html.

In other Inmarsat Plc news, insider Simon Bax bought 3,250 shares of the business’s stock in a transaction on Thursday, August 10th. The shares were bought at an average cost of GBX 742 ($9.76) per share, for a total transaction of £24,115 ($31,705.23).

About Inmarsat Plc

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.

Analyst Recommendations for Inmarsat Plc (LON:ISAT)

Receive News & Ratings for Inmarsat Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inmarsat Plc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply