Analyst Price Target Update on Intelsat S.A. (NYSE:I)

Intelsat S.A. (NYSE:I): 4 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $3.8 in Intelsat S.A. (NYSE:I). However, the stock price could fluctuate by $ 4.26 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $10 price target with the lower price estimate is calculated at $1

Company shares have received an average consensus rating of Hold for the current week

Intelsat S.A. (NYSE:I) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.64 points or 20.65% at $2.46 with 945,071 shares getting traded. Post opening the session at $3.1, the shares hit an intraday low of $2.38 and an intraday high of $3.1 and the price was in this range throughout the day. The company has a market cap of $266 million and the number of outstanding shares have been calculated to be 108,100,000 shares. The 52-week high of Intelsat S.A. (NYSE:I) is $12 and the 52-week low is $1.44.

Intelsat S.A. is a provider of satellite capacity for network services. The Company provides communications services to media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications in the air and on the seas, multinational corporations and Internet service providers (ISPs). The Company is also a provider of commercial satellite communication services to the United States Government and other select military organizations and their contractors. The Company focuses on business-to-business services, indirectly enabling enterprise, Government and consumer applications through its customers. The Company provides satellite capacity and related communications services for the transmission of video, data and voice signals. Its customer contracts offer four service types, which include transponder services, managed services, channel services and mobile satellite services and other.

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