Vodafone Group plc’s (VOD) “Overweight” Rating Reaffirmed at J P Morgan Chase & Co
Vodafone Group plc (LON:VOD)‘s stock had its “overweight” rating reaffirmed by research analysts at J P Morgan Chase & Co in a research report issued to clients and investors on Friday. They currently have a GBX 275 ($3.62) price target on the cell phone carrier’s stock. J P Morgan Chase & Co’s price target points to a potential upside of 25.47% from the stock’s previous close.
Several other research firms also recently issued reports on VOD. Deutsche Bank AG reissued a “buy” rating and issued a GBX 300 ($3.95) target price on shares of Vodafone Group plc in a research report on Wednesday, August 9th. Barclays PLC reissued an “equal weight” rating and issued a GBX 225 ($2.96) target price on shares of Vodafone Group plc in a research report on Monday, July 24th. HSBC Holdings plc reissued a “hold” rating and issued a GBX 230 ($3.03) target price on shares of Vodafone Group plc in a research report on Wednesday, October 18th. BNP Paribas reissued a “neutral” rating and issued a GBX 235 ($3.09) target price on shares of Vodafone Group plc in a research report on Tuesday, July 18th. Finally, Credit Suisse Group upped their target price on Vodafone Group plc from GBX 240 ($3.16) to GBX 250 ($3.29) and gave the company an “outperform” rating in a research report on Monday, August 7th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 244.87 ($3.22).
Vodafone Group plc (LON:VOD) opened at GBX 219.18 ($2.88) on Friday. Vodafone Group plc has a 12-month low of GBX 186.50 ($2.45) and a 12-month 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.
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