Vodafone Group plc (VOD) Given Consensus Recommendation of “Buy” by Analysts
Shares of Vodafone Group plc (LON:VOD) have been given an average rating of “Buy” by the twenty brokerages that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and twelve have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 255.60 ($3.53).
VOD has been the topic of a number of research reports. Sanford C. Bernstein set a GBX 270 ($3.73) price target on Vodafone Group and gave the stock a “buy” rating in a research note on Tuesday, January 9th. UBS Group set a GBX 285 ($3.94) price target on Vodafone Group and gave the stock a “buy” rating in a research note on Thursday, January 4th. Credit Suisse Group restated an “outperform” rating and issued a GBX 175 ($2.42) price target on shares of Vodafone Group in a research note on Wednesday, January 3rd. Numis Securities restated an “add” rating and issued a GBX 270 ($3.73) price target on shares of Vodafone Group in a research note on Wednesday, December 13th. Finally, Barclays restated an “overweight” rating and issued a GBX 280 ($3.87) price target on shares of Vodafone Group in a research note on Monday, December 18th.
Shares of Vodafone Group (VOD) opened at GBX 201.15 ($2.78) on Wednesday. Vodafone Group has a 52 week low of GBX 195.65 ($2.70) and a 52 week high of GBX 239.65 ($3.31). The company has a market capitalization of $53,760.00 and a price-to-earnings ratio of -6,705.00.
About Vodafone Group
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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