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Inmarsat Plc 22.3% Potential Upside Indicated by Goldman Sachs

Inmarsat Plc using EPIC/TICKER code (LON:ISAT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Goldman Sachs. Inmarsat Plc are listed in the Telecommunications sector within UK Main Market. Goldman Sachs have set a target price of 920 GBX on its stock. This would imply the analyst believes there is now a potential upside of 22.3% from the opening price of 752.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 64.5 points and decreased 90.5 points respectively. The 1 year high stock price is 889 GBX while the 52 week low for the share price is 594.5 GBX.

Inmarsat Plc has a 50 day moving average of 803.33 GBX and the 200 Day Moving Average price is recorded at 758.46. There are currently 454,170,267 shares in issue with the average daily volume traded being 1,601,767. Market capitalisation for LON:ISAT is £3,401,735,300 GBP.

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