Royal Bank of Canada reaffirmed their outperform rating on shares of Vodafone Group (LON:VOD) in a report released on Tuesday. Royal Bank of Canada currently has a GBX 270 ($3.66) target price on the cell phone carrier’s stock.

Other equities research analysts also recently issued research reports about the company. Numis Securities restated an add rating and issued a GBX 250 ($3.39) target price on shares of Vodafone Group in a research report on Tuesday, September 19th. UBS Group set a GBX 270 ($3.66) target price on Vodafone Group and gave the company a buy rating in a research report on Monday, October 23rd. Berenberg Bank set a GBX 240 ($3.25) target price on Vodafone Group and gave the company a buy rating in a research report on Friday, October 6th. Goldman Sachs Group set a GBX 285 ($3.86) target price on Vodafone Group and gave the company a buy rating in a research report on Tuesday, October 3rd. Finally, Deutsche Bank restated a buy rating and issued a GBX 300 ($4.07) target price on shares of Vodafone Group in a research report on Monday, September 18th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of GBX 247.26 ($3.35).

Shares of Vodafone Group (VOD) traded down GBX 0.20 ($0.00) during trading on Tuesday, reaching GBX 225.80 ($3.06). The company had a trading volume of 47,459,451 shares, compared to its average volume of 43,870,000. Vodafone Group has a 52-week low of GBX 186.50 ($2.53) and a 52-week high of GBX 239.65 ($3.25). The stock has a market capitalization of $59,770.00 and a P/E ratio of -7,526.67.

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Vodafone Group Company Profile

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.

Analyst Recommendations for Vodafone Group (LON:VOD)

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