A month ago, satellite giant Intelsat disappointed Wall Street by setting its Initial Public Offering at just $18 a share, well below the anticipated level of $21-$25. At the end of the day, Intelsat banked $348 million, and did its best to take a pragmatic outlook on what had not been the easiest of times for the operator.

Now, six weeks later, the situation looks altogether better. Intelsat’s share price is at $24.27, and has been in the $23+ position for the past two weeks.

Moreover, a slew of financial analysts have reported on the company. Here’s a summary of their analysis:

Morgan Stanley – Equal Weight
Nomura – Buy
JP Morgan-Chase – Overweight
Bank of America – Buy
Credit Suisse – Neutral
Deutsche Bank – Hold
UBS – Buy

Other posts by :

1. Morgan Stanley downgrades Iridium
2. SpainSat-NG II a total loss
3. SES warns of risks for airlines adopting Starlink
4. Starlink facing backlash in South Africa
5. China wants 200,000 satellites
6. Bank raises view on AST to $100 
7. Frost & Sullivan cites Hughes as #1
8. Verizon cutting prices
9. ScotiaBank confuses market over AST SpaceMobile

Categories: Articles, Business, DTH/Satellite, Results