Iridium Communications Inc. (IRDM) is currently trading at $43.52 with a Wall Street consensus price target of $37.88, which is 13.0% below the current price over the next 12 months. 8 analysts currently cover IRDM, with a consensus rating of Buy — 75% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $60.0, while the most cautious has a target of $16.0.
IRDM operates in the Communication Services sector with a market capitalisation of $5B. The stock is up 147.3% year-to-date and is currently trading near the upper end of its 52-week range of $15.65 – $53.83.
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