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Eutelsat Communications S.A. (OTCMKTS:ETCMY) Receives Consensus Recommendation of “Buy” from Analysts

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Eutelsat Communications logoEutelsat Communications S.A. (OTCMKTS:ETCMY) has earned a consensus rating of “Buy” from the six ratings firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

Several research analysts have issued reports on the company. JPMorgan Chase & Co. restated a “neutral” rating on shares of Eutelsat Communications in a research report on Wednesday, September 9th. Barclays restated an “overweight” rating on shares of Eutelsat Communications in a report on Friday, October 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Eutelsat Communications in a research report on Friday, October 30th.

ETCMY stock traded down $0.05 during midday trading on Tuesday, hitting $2.94. The company’s stock had a trading volume of 1,062 shares, compared to its average volume of 6,659. Eutelsat Communications has a 1 year low of $2.10 and a 1 year high of $4.16. The stock’s 50-day moving average price is $2.85 and its 200 day moving average price is $2.60.

About Eutelsat Communications

Eutelsat Communications SA provides satellite related services. It offers video services, such as broadcast DTH, distribution, and HD and ultra HD channels; secure and rapidly deployed communications for governments and NGOs; and broadband services. The company also provides connectivity for maritime, including commercial shipping, sea-based oil and gas operations, governmental ships and luxury vessels, as well as in-flight broadband services.

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Analyst Recommendations for Eutelsat Communications (OTCMKTS:ETCMY)


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