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Inmarsat Plc 36.6% Potential Upside Indicated by Deutsche Bank

Inmarsat Plc using EPIC/TICKER code (LON:ISAT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Inmarsat Plc are listed in the Telecommunications sector within UK Main Market. Deutsche Bank have set a target price of 575 GBX on its stock. This is indicating the analyst believes there is a potential upside of 36.6% from the opening price of 420.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 73.7 points and decreased 142.1 points respectively. The 1 year high for the stock price is 646 GBX while the 52 week low is 334.3 GBX.

Inmarsat Plc has a 50 day moving average of 502.66 GBX and the 200 Day Moving Average price is recorded at 477.25. There are currently 462,617,429 shares in issue with the average daily volume traded being 2,226,147. Market capitalisation for LON:ISAT is £1,925,413,463 GBP.