Vodafone Group plc (VOD) Receives “Buy” Rating from Goldman Sachs Group, Inc. (The)
Goldman Sachs Group, Inc. (The) reiterated their buy rating on shares of Vodafone Group plc (LON:VOD) in a report released on Monday. The firm currently has a GBX 300 ($3.95) price target on the cell phone carrier’s stock.
Other analysts also recently issued research reports about the stock. Numis Securities Ltd reiterated an add rating and issued a GBX 250 ($3.29) price objective on shares of Vodafone Group plc in a report on Wednesday, July 26th. UBS AG set a GBX 270 ($3.55) price objective on shares of Vodafone Group plc and gave the company a buy rating in a report on Wednesday, July 19th. Deutsche Bank AG reiterated a buy rating and issued a GBX 300 ($3.95) price objective on shares of Vodafone Group plc in a report on Wednesday, August 9th. Jefferies Group LLC increased their price objective 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 report on Monday, September 11th. Finally, Berenberg Bank set a GBX 240 ($3.16) price target 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’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 245.52 ($3.23).
Vodafone Group plc (LON:VOD) traded up GBX 11.05 ($0.15) during mid-day trading on Monday, reaching GBX 227.05 ($2.99). 151,205,032 shares of the company’s stock were exchanged, compared to its average volume of 56,820,000. 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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