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Inmarsat Plc 61.7% Potential Upside Indicated by Deutsche Bank

Inmarsat Plc with EPIC/TICKER (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 1010 GBX on its stock. This is indicating the analyst believes there is a potential upside of 61.7% from the opening price of 624.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 107 points and decreased 174 points respectively. The 52 week high for the share price is currently at 865 GBX while the 52 week low for the stock is 594.5 GBX.

Inmarsat Plc has a 50 day moving average of 742.83 GBX and the 200 Day Moving Average price is recorded at 760.45. There are currently 449,708,327 shares in issue with the average daily volume traded being 1,090,284. Market capitalisation for LON:ISAT is £2,827,541,106 GBP.

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