Societe Generale upgraded shares of Inmarsat (OTCMKTS:IMASY) from a sell rating to a hold rating in a research note published on Wednesday, March 14th, The Fly reports.
Other equities analysts have also issued reports about the company. ValuEngine lowered Inmarsat from a strong-buy rating to a buy rating in a research note on Wednesday, January 3rd. Barclays raised Inmarsat from an underweight rating to an equal weight rating in a research note on Friday, November 17th. Zacks Investment Research raised Inmarsat from a sell rating to a hold rating in a research note on Thursday, February 1st. Goldman Sachs lowered Inmarsat from a buy rating to a neutral rating in a research note on Monday, December 11th. Finally, UBS raised Inmarsat from a sell rating to a neutral rating in a research note on Wednesday, November 15th. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Inmarsat presently has an average rating of Hold and a consensus target price of $5.75.
IMASY stock traded up $0.04 on Wednesday, reaching $4.90. The company’s stock had a trading volume of 4,338 shares, compared to its average volume of 10,194. The firm has a market capitalization of $2,246.93, a price-to-earnings ratio of 9.25, a price-to-earnings-growth ratio of 1.09 and a beta of 0.22. Inmarsat has a 52 week low of $4.70 and a 52 week high of $11.19.
WARNING: “Inmarsat (OTCMKTS:IMASY) Upgraded to Hold at Societe Generale” was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this piece on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The original version of this piece can be viewed at https://www.dispatchtribunal.com/2018/04/08/inmarsat-plc-london-imasy-upgraded-at-societe-generale.html.
Inmarsat Company Profile
Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, US Government, Enterprise, Aviation, and Global Government. It offers voice and data broadband services; global maritime distress and safety system services; mobile and fixed voice services; a portfolio of machine-to-machine services that provide two-way data connectivity for messaging, tracking, and monitoring of fixed or mobile assets; maritime satellite services, including very small aperture terminals and television receive only antenna services; and Global Xpress, a high-speed broadband service that offer seamless connectivity for advanced data services on land, at sea, and in the air.
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.