According to Zacks, “Inmarsat plc is a provider of global mobile satellite communications services. It provides voice and high-speed data services for use on land, at sea and in the air worldwide. Inmarsat also provides mobile and fixed-site remote telecommunications services, customized turnkey remote telecommunications solutions, value-added services, equipment, and engineering services. The Company serves the maritime, media, oil and gas, construction, aeronautical industries, governments and aid agencies. Inmarsat plc is headquartered in London, the United Kingdom. “
Several other research analysts have also commented on the company. Citigroup Inc. raised Inmarsat Plc, London from a neutral rating to a buy rating in a research report on Monday, June 20th. Goldman Sachs Group Inc. started coverage on Inmarsat Plc, London in a research report on Wednesday, August 10th. They issued a buy rating for the company.
Inmarsat Plc, London (NASDAQ:IMASY) opened at 9.47 on Monday. Inmarsat Plc, London has a 1-year low of $8.71 and a 1-year high of $17.17. The stock has a 50 day moving average price of $9.94 and a 200 day moving average price of $11.24. The company has a market cap of $4.26 billion and a P/E ratio of 15.78.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Inmarsat Plc London Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inmarsat Plc London and related companies with MarketBeat.com's FREE daily email newsletter.