Inmarsat Plc (LON:ISAT) had its target price increased by Credit Suisse from GBX 1,080 ($15.39) to GBX 1,186 ($16.90) in a report published on Tuesday morning, MarketBeat.com reports. Credit Suisse currently has an outperform rating on the stock.

A number of other brokerages have also recently commented on ISAT. AlphaValue reaffirmed a sell rating and set a GBX 930 ($13.25) price target on shares of Inmarsat Plc in a research report on Friday, January 1st. Citigroup Inc. cut Inmarsat Plc to a neutral rating and set a GBX 1,150 ($16.38) price target on the stock. in a research report on Friday, December 4th. Berenberg Bank reaffirmed a sell rating and set a GBX 870 ($12.39) price target on shares of Inmarsat Plc in a research report on Tuesday, December 8th. HSBC reiterated a hold rating and set a GBX 1,100 ($15.67) price objective on shares of Inmarsat Plc in a research note on Friday, November 27th. Finally, Natixis reiterated a neutral rating and set a GBX 940 ($13.39) price objective on shares of Inmarsat Plc in a research note on Monday, November 9th. Four research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 961.73 ($13.70).

In other news, insider Kehler,Robert acquired 1,000 shares of the business’s stock in a transaction dated Monday, November 16th. The stock was purchased at an average cost of GBX 1,022 ($14.56) per share, for a total transaction of £10,220 ($14,560.48).

Shares of Inmarsat Plc (LON:ISAT) traded up 0.09% during mid-day trading on Tuesday, hitting GBX 1066.00. The stock had a trading volume of 1,213,077 shares. Inmarsat Plc has a 12 month low of GBX 823.50 and a 12 month high of GBX 1,153.00. The stock’s market cap is GBX 4.79 billion. The firm has a 50 day moving average price of GBX 1,094.91 and a 200-day moving average price of GBX 1,011.96.

Inmarsat plc is a United Kingdom-based provider of global mobile satellite communications services. On land, at sea and in the air, the Company serves government, commercial and NGO customers, providing broadband data and voice connectivity services. Through the Company’s satellites, users can send data or make voice calls, while outside the coverage of any terrestrial network. It has five operating segments. The Company’s Maritime segment focuses on commercial maritime services. The Enterprise segment focuses on energy, industry, media, carriers, and M2M services. The Aviation segment focuses on commercial aviation services. The US Government segment focuses on the United States civil and military government services. The Global Government segment focuses on civil and military government services. These segments are supported by Central Services, which includes satellite operations and backbone infrastructure, corporate administrative costs.

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