Inmarsat Plc 16.3% Potential Upside Indicated by HSBC

Broker Ratings
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Inmarsat Plc with EPIC/TICKER (LON:ISAT) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at HSBC. Inmarsat Plc are listed in the Telecommunications sector within UK Main Market. HSBC have set a target price of 420 GBX on its stock. This is indicating the analyst believes there is a potential upside of 16.3% from today’s opening price of 361 GBX. Over the last 30 and 90 trading days the company share price has decreased 31.2 points and decreased 58.9 points respectively. The 52 week high share price is 646 GBX while the 52 week low for the stock is 334.3 GBX.

Inmarsat Plc has a 50 day moving average of 396.95 GBX and the 200 Day Moving Average price is recorded at 474.99. There are currently 462,617,429 shares in issue with the average daily volume traded being 1,286,345. Market capitalisation for LON:ISAT is £1,659,408,774 GBP.

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