Inmarsat Plc 6.7% Potential Decrease Indicated by HSBC

Broker Ratings
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Inmarsat Plc with EPIC/TICKER (LON:ISAT) 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 their target price at 470 GBX on its stock. This indicates the analyst believes there is a potential downside of -6.7% from the opening price of 504 GBX. Over the last 30 and 90 trading days the company share price has increased 115.6 points and increased 96.1 points respectively. The 1 year high stock price is 646 GBX while the 52 week low is 334.3 GBX.

Inmarsat Plc has a 50 day moving average of 403.60 GBX and a 200 Day Moving Average share price is recorded at 476.08. There are currently 463,480,897 shares in issue with the average daily volume traded being 4,129,465. Market capitalisation for LON:ISAT is £2,345,213,338 GBP.

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