Rating Flow: Arden Partners Analyst Reaffirmed GBX 12.00 Price Target on Satellite Solutions Worldwide Group (LON:SAT) stock, While Reiterating Buy Rating

November 29, 2016 - By Louis Casey

Satellite Solutions Worldwide Group (LON:SAT) Rating

London: In a research report revealed to investors on Tuesday morning, Arden Partners kept their Buy rating on shares of Satellite Solutions Worldwide Group (LON:SAT). They currently have a GBX 12.00 target price per share on the company. Arden Partners’s target indicates a potential upside of 50.00% from the company’s last stock close.

About 5.39 million shares traded hands or 311.45% up from the average. Satellite Solutions Worldwide Group PLC (LON:SAT) has declined 19.18% since April 28, 2016 and is downtrending. It has underperformed by 24.44% the S&P500.

Satellite Solutions Worldwide Group PLC is a United Kingdom global communications company, which is engaged in offering rural and last-mile satellite broadband. The company has a market cap of 42.89 million GBP. The Firm offers a range of satellite broadband services for clients across over 30 countries. It currently has negative earnings. With solutions targeting business-to-consumer (B2C) and business-to-business (B2B) users, and with products developed specifically for the broadcasting/satellite news gathering (SNG), police and military markets, its brand Europasat (www.europasat.com) is an independent well-known provider of satellite broadband Internet services across Europe.

Another recent and important Satellite Solutions Worldwide Group PLC (LON:SAT) news was published by Uk.Finance.Yahoo.com which published an article titled: “-LSE Ticker: T6SRD2/ISIN: GB00BT6SRD21” on May 12, 2015.

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