Beaufort Securities Reaffirms “Buy” Rating for Vodafone Group plc (VOD)
Beaufort Securities reissued their buy rating on shares of Vodafone Group plc (LON:VOD) in a research note published on Tuesday morning. Beaufort Securities currently has a GBX 260 ($3.42) price objective on the cell phone carrier’s stock.
Several other equities analysts have also commented on VOD. Deutsche Bank AG reissued a buy rating and set a GBX 300 ($3.95) price objective on shares of Vodafone Group plc in a research report on Wednesday, August 9th. Sanford C. Bernstein set a GBX 265 ($3.49) price objective on Vodafone Group plc and gave the company a buy rating in a research report on Tuesday. UBS AG set a GBX 270 ($3.55) price objective on Vodafone Group plc and gave the company a buy rating in a research report on Tuesday. The Goldman Sachs Group, Inc. reissued a buy rating and set a GBX 300 ($3.95) price objective on shares of Vodafone Group plc in a research report on Monday. Finally, Barclays PLC reissued an equal weight rating and set a GBX 225 ($2.96) price objective on shares of Vodafone Group plc in a research report on Tuesday, August 15th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 244.87 ($3.22).
Shares of Vodafone Group plc (VOD) traded up GBX 0.41 ($0.01) during trading on Tuesday, reaching GBX 228.86 ($3.01). The company’s stock had a trading volume of 56,650,000 shares, compared to its average volume of 61,970,000. Vodafone Group plc has a fifty-two week low of GBX 186.50 ($2.45) and a fifty-two week high of GBX 233.90 ($3.08).
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Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.
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