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Macquarie announced Inmarsat PLC (LON:ISAT), upholding its stock price target at 800.00GBX today

In a report released on 10/10/2016 Macquarie hold steady the stock price target of Inmarsat PLC (LON:ISAT) from 800.00GBX to 800.00GBX indicating a possible upside of 0.13%.

Previously on 10/03/2016, Barclays Capital reported about Inmarsat PLC (LON:ISAT) lowered the target price from 840.00GBX to 745.00GBX. At the time, this indicated a possible upside of 0%.

Yesterday Inmarsat PLC (LON:ISAT) traded 0.35% higher at 709.75GBX. The company’s 50-day moving average is 747.85GBX and its 200-day moving average is 809.80GBX. The last stock close price is down -12.26% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 604,313 shares of the stock were exchanged, down from an average trading volume of 2,189,920

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Inmarsat PLC (LON:ISAT)

Inmarsat PLC has a 52 week low of 663.50GBX and a 52 week high of 1,153.00GBX with a P/E ratio of 11.84 The company’s market cap is currently 0 GBX.

In addition to Macquarie reporting its target price, a total of 14 firms have reported on the stock. The consensus target price is 13.54GBX with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Inmarsat PLC (LON:ISAT)

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. The Enterprise segment focuses on energy, industry, media, carriers and machine-to-machine (M2M) services across the world. The Maritime segment includes the provision of broadband data and safety communications for all vessel sizes. The Aviation segment focuses on commercial aviation services. The Government segment includes the provision of communications services for governmental, military and civil applications. The Central Services segment includes satellite operations, backbone infrastructure and corporate administrative costs.

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