Telesat Government Solutions has announced the appointment of Ronald Thompson, Colonel, USAF, as Vice President of its Growth division. In this pivotal role, Thompson will serve as the chief growth officer, where he will spearhead business growth strategies and lead the development team. His primary focus will be on expanding Telesat's presence within the government sector, particularly leveraging the Telesat Lightspeed Low Earth Orbit satellite network.
Thompson brings a wealth of experience to the position, having previously served as Vice President of Business Development at LinQuest Corp. His expertise is expected to be instrumental in enhancing Telesat's market reach and driving innovation within the government communications field.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Telesat Corp (TSAT, Financial) is $31.59 with a high estimate of $44.12 and a low estimate of $19.05. The average target implies an upside of 103.78% from the current price of $15.50. More detailed estimate data can be found on the Telesat Corp (TSAT) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Telesat Corp's (TSAT, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Telesat Corp (TSAT, Financial) in one year is $4.85, suggesting a downside of 68.71% from the current price of $15.5. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Telesat Corp (TSAT) Summary page.
