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Inmarsat Plc 19.6% Potential Upside Indicated by Berenberg

Inmarsat Plc with EPIC/TICKER (LON:ISAT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Berenberg. Inmarsat Plc are listed in the Telecommunications sector within UK Main Market. Berenberg have set a target price of 600 GBX on its stock. This would imply the analyst believes there is now a potential upside of 19.6% from today’s opening price of 501.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 125 points and decreased 239 points respectively. The 1 year high stock price is 865 GBX while the 52 week low for the share price is 488.1 GBX.

Inmarsat Plc has a 50 day moving average of 628.55 GBX and a 200 day moving average of 740.39. There are currently 457,659,109 shares in issue with the average daily volume traded being 2,590,653. Market capitalisation for LON:ISAT is £2,308,890,296 GBP.

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