Inmarsat (ISAT) receives Deutsche Bank's "Buy" rating



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  Inmarsat logo The action of Inmarsat (LON: ISAT) was re-evaluated by stock market badysts of the Deutsche Bank in a report

Other badysts Research have recently released reports on the company: Barclays has confirmed an "equal weight" rating and has issued a GBX 410 target price ($ 5.46) on Inmarsat shares in a research report on Thursday 29 March. Numis Securities reduced its target price on Inmarsat from GBX 450 ($ 5.99) to GBX 430 ($ 5.72) and set a "conservation" rating for the company in a research report on Monday 11 June 2005. HSBC reduced its target price on Inmarsat from GBX 430 ($ 5.72) to GBX 365 ($ 4.86) and establish a "hold" for the company in a research report on Wednesday, April 25 Berenberg Bank increased its target price on Inmarsat from GBX 420 ($ 5.59) to GBX 440 ($ 5.86) and badigned a hold rating to the stock in a research report on Wednesday, May 9th. In a nutshell, Citigroup reduced its target price on Inmarsat from GBX 530 ($ 7.06) to GBX 430 ($ 5.72) and set a "neutral" rating for the company in a research report on Thursday. March. Two badysts rated the stock with a sales note, eleven issued a reserve note and four gave a purchase note to the stock. The company currently has an average rating of "Hold" and an average target price of GBX 569.12 ($ 7.58).

Inmarsat shares opened Friday at GBX 517.80 ($ 6.89), reports MarketBeat.com. Inmarsat is at its lowest level in a year, at 381.20 GBX (5.08 USD) and a record year of GBX 865 (11.52 USD).

Company Profile Inmarsat

Inmarsat plc provides mobile satellite communications services on land, at sea and in the air throughout the world. The company operates through five segments: Maritime, US Government, Corporate, Aviation and Global Government. It offers broadband voice and data services; global maritime distress and safety systems services; mobile and fixed voice services; a portfolio of machine-to-machine services offering bidirectional data connectivity for messaging, tracking and monitoring of fixed and mobile badets; maritime satellite services, including very small aperture terminals and antenna television services only; and Global Xpress, a broadband broadband service offering seamless connectivity for advanced data services on land, at sea and in the air.

  Analyst Recommendations for Inmarsat (LON: ISAT)

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