Vodafone Group plc (LON:VOD) had its price objective boosted by stock analysts at The Goldman Sachs Group, Inc. from GBX 300 ($3.95) to GBX 305 ($4.01) in a report released on Wednesday. The firm presently has a “conviction-buy” rating on the cell phone carrier’s stock. The Goldman Sachs Group, Inc.’s target price would indicate a potential upside of 33.27% from the stock’s previous close.

Several other research firms have also recently issued reports on VOD. HSBC Holdings PLC reiterated a “hold” rating and set a GBX 230 ($3.03) target price on shares of Vodafone Group plc in a research report on Wednesday. J P Morgan Chase & Co boosted their target price on Vodafone Group plc from GBX 275 ($3.62) to GBX 300 ($3.95) and gave the stock an “overweight” rating in a research report on Wednesday. Sanford C. Bernstein set a GBX 265 ($3.49) target price on Vodafone Group plc and gave the stock a “buy” rating in a research report on Tuesday. Societe Generale reiterated a “sell” rating and set a GBX 150 ($1.97) target price on shares of Vodafone Group plc in a research report on Monday, July 24th. Finally, Beaufort Securities reiterated a “buy” rating and set a GBX 260 ($3.42) target price on shares of Vodafone Group plc in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 244.87 ($3.22).

Vodafone Group plc (LON:VOD) traded up GBX 0.41 ($0.01) during midday trading on Wednesday, reaching GBX 228.86 ($3.01). The company’s stock had a trading volume of 56,650,000 shares, compared to its average volume of 61,970,000. Vodafone Group plc has a 52 week low of GBX 186.50 ($2.45) and a 52 week high of GBX 233.90 ($3.08).

COPYRIGHT VIOLATION WARNING: “Vodafone Group plc (VOD) PT Raised to GBX 305 at The Goldman Sachs Group, Inc.” was first reported by Watch List News and is owned by of Watch List News. If you are accessing this story on another site, it was illegally copied and reposted in violation of United States & international copyright and trademark laws. The original version of this story can be accessed at https://www.watchlistnews.com/vodafone-group-plc-vod-pt-raised-to-gbx-305-at-the-goldman-sachs-group-inc/1709667.html.

About Vodafone Group plc

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)

Receive News & Ratings for Vodafone Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group plc and related companies with Analyst Ratings Network's FREE daily email newsletter.