Inmarsat Plc, London (IMASY) Receives Consensus Recommendation of “Hold” from Analysts

Inmarsat Plc, London (OTCMKTS:IMASY) has earned a consensus recommendation of “Hold” from the ten brokerages that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating on the company.

A number of equities research analysts have recently weighed in on IMASY shares. Zacks Investment Research lowered shares of Inmarsat Plc, London from a “hold” rating to a “sell” rating in a report on Tuesday, September 12th. ValuEngine lowered shares of Inmarsat Plc, London from a “buy” rating to a “hold” rating in a report on Tuesday, October 10th. Berenberg Bank raised shares of Inmarsat Plc, London from a “sell” rating to a “hold” rating in a report on Thursday, November 2nd. UBS Group raised shares of Inmarsat Plc, London from a “sell” rating to a “neutral” rating in a report on Wednesday, November 15th. Finally, Barclays raised shares of Inmarsat Plc, London from an “underweight” rating to an “equal weight” rating in a report on Friday, November 17th.

Shares of Inmarsat Plc, London (OTCMKTS:IMASY) traded up $0.40 on Thursday, hitting $6.78. 5,884 shares of the stock were exchanged, compared to its average volume of 4,618. The stock has a market capitalization of $3,102.93, a price-to-earnings ratio of 13.84, a PEG ratio of 1.30 and a beta of 0.04. The company has a quick ratio of 1.07, a current ratio of 1.11 and a debt-to-equity ratio of 2.06. Inmarsat Plc, London has a 12-month low of $5.81 and a 12-month high of $11.19.

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About Inmarsat Plc, London

Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, US Government, Enterprise, Aviation, and Global Government. It offers voice and data broadband services; global maritime distress and safety system services; mobile and fixed voice services; a portfolio of machine-to-machine services that provide two-way data connectivity for messaging, tracking, and monitoring of fixed or mobile assets; maritime satellite services, including very small aperture terminals and television receive only antenna services; and Global Xpress, a high-speed broadband service that offer seamless connectivity for advanced data services on land, at sea, and in the air.

Analyst Recommendations for Inmarsat Plc, London (OTCMKTS:IMASY)

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