Sanford C. Bernstein set a GBX 265 ($3.49) target price on Vodafone Group plc (LON:VOD) in a research report sent to investors on Tuesday. The brokerage currently has a buy rating on the cell phone carrier’s stock.
Several other research firms have also recently commented on VOD. J P Morgan Chase & Co reissued an overweight rating and set a GBX 275 ($3.62) target price on shares of Vodafone Group plc in a research note on Monday, July 24th. Deutsche Bank AG reaffirmed a buy rating and set a GBX 300 ($3.95) price target on shares of Vodafone Group plc in a report on Wednesday, August 9th. Barclays PLC reaffirmed an equal weight rating and set a GBX 225 ($2.96) price target on shares of Vodafone Group plc in a report on Monday, July 24th. reaffirmed a hold rating and set a GBX 230 ($3.03) price target on shares of Vodafone Group plc in a report on Wednesday, October 18th. Finally, BNP Paribas reaffirmed a neutral rating and set a GBX 235 ($3.09) price target on shares of Vodafone Group plc in a report on Tuesday, July 18th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of GBX 244.87 ($3.22).
Vodafone Group plc (VOD) traded up GBX 0.41 ($0.01) on Tuesday, reaching GBX 228.86 ($3.01). The company had a trading volume of 56,650,000 shares, compared to its average volume of 61,970,000. Vodafone Group plc has a 1 year low of GBX 186.50 ($2.45) and a 1 year 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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