Goldman Sachs Group, Inc. (The) Reiterates “Buy” Rating for Vodafone Group plc (VOD)

Vodafone Group plc (LON:VOD)‘s stock had its “buy” rating restated by investment analysts at Goldman Sachs Group, Inc. (The) in a research report issued to clients and investors on Monday. They presently have a GBX 300 ($3.95) target price on the cell phone carrier’s stock. Goldman Sachs Group, Inc. (The)’s target price points to a potential upside of 38.89% from the stock’s current price.

Other equities research analysts also recently issued research reports about the stock. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 250 ($3.29) target price on shares of Vodafone Group plc in a research note on Wednesday, July 26th. UBS AG set a GBX 270 ($3.55) target price on shares of Vodafone Group plc and gave the company a “buy” rating in a research note on Wednesday, July 19th. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 300 ($3.95) target price on shares of Vodafone Group plc in a research note on Wednesday, August 9th. Jefferies Group LLC upped their target price on shares of Vodafone Group plc from GBX 232 ($3.05) to GBX 250 ($3.29) and gave the company a “buy” rating in a research note on Monday, September 11th. Finally, Berenberg Bank set a GBX 240 ($3.16) target price on shares of Vodafone Group plc and gave the company a “buy” rating in a research note on Friday, October 6th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of GBX 245.52 ($3.23).

Shares of Vodafone Group plc (VOD) traded down GBX 1.65 ($0.02) during midday trading on Monday, reaching GBX 216 ($2.84). 72,819,650 shares of the company traded hands, compared to its average volume of 56,170,000. 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 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 plc (LON:VOD)

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