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Inmarsat Plc 10.2% Potential Upside Indicated by Berenberg

Inmarsat Plc using EPIC/TICKER code (LON:ISAT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Berenberg. Inmarsat Plc are listed in the Telecommunications sector within UK Main Market. Berenberg have set their target price at 470 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 10.2% from the opening price of 426.6 GBX. Over the last 30 and 90 trading days the company share price has increased 53.1 points and increased 10.7 points respectively. The 52 week high for the stock is 646 GBX while the 52 week low for the stock is 334.3 GBX.

Inmarsat Plc has a 50 day moving average of 393.13 GBX and a 200 day moving average of 476.18. There are currently 462,617,429 shares in issue with the average daily volume traded being 2,379,001. Market capitalisation for LON:ISAT is £1,962,885,694 GBP.