BNP Paribas Upgrades Vodafone Group (VOD) to “Outperform”
BNP Paribas upgraded shares of Vodafone Group (NASDAQ:VOD) from a neutral rating to an outperform rating in a research note published on Wednesday, MarketBeat.com reports. BNP Paribas currently has $28.56 price objective on the cell phone carrier’s stock, down from their previous price objective of $28.67.
Other research analysts have also issued research reports about the stock. Goldman Sachs Group reiterated a buy rating on shares of Vodafone Group in a report on Thursday, November 23rd. Zacks Investment Research upgraded shares of Vodafone Group from a sell rating to a buy rating and set a $34.00 price objective for the company in a report on Friday, November 17th. BidaskClub upgraded shares of Vodafone Group from a hold rating to a buy rating in a report on Tuesday, January 9th. Bank of America reiterated a buy rating and issued a $37.26 price objective on shares of Vodafone Group in a report on Monday, February 5th. Finally, Numis Securities upgraded shares of Vodafone Group from an add rating to a buy rating in a report on Monday, February 5th. Two analysts have rated the stock with a sell rating, one has given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of Buy and an average price target of $32.36.
Vodafone Group (NASDAQ:VOD) opened at $29.04 on Wednesday. The stock has a market cap of $77,180.00, a P/E ratio of -76.42, a P/E/G ratio of 1.95 and a beta of 0.96. Vodafone Group has a fifty-two week low of $25.11 and a fifty-two week high of $32.75. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.46.
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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.
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