Iridium Communications Inc. – Consensus ‘buy’ rating and 12.9% Upside Potential

Broker Ratings
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Iridium Communications Inc. with ticker code (IRDM) have now 4 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 76 and 45 calculating the average target price we see $67.00. Given that the stocks previous close was at $59.35 this now indicates there is a potential upside of 12.9%. There is a 50 day moving average of $61.62 and the 200 day moving average is $54.09. The company has a market capitalization of 7.60B. The stock price for the company is currently 60.33 USD

The potential market cap would be $8,575,509,282 based on the market consensus.

USD

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 464.04, revenue per share of 5.95 and a 1.69% return on assets.

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