Vodafone Group plc (LON:VOD)‘s stock had its “buy” rating restated by investment analysts at Beaufort Securities in a research report issued on Tuesday. They presently have a GBX 260 ($3.42) price target on the cell phone carrier’s stock. Beaufort Securities’ target price points to a potential upside of 14.04% from the company’s current price.
Other equities research analysts have also recently issued research reports about the company. Numis Securities Ltd reiterated an “add” rating and issued a GBX 250 ($3.29) price objective on shares of Vodafone Group plc in a research note on Wednesday, July 26th. Deutsche Bank AG restated a “buy” rating and set a GBX 300 ($3.95) price target on shares of Vodafone Group plc in a research note on Wednesday, August 9th. Goldman Sachs Group, Inc. (The) restated a “buy” rating and set a GBX 285 ($3.75) price target on shares of Vodafone Group plc in a research note on Monday, July 24th. UBS AG set a GBX 270 ($3.55) price target on Vodafone Group plc and gave the stock a “buy” rating in a research note on Wednesday, July 19th. Finally, Jefferies Group LLC upped their price target on Vodafone Group plc from GBX 232 ($3.05) to GBX 250 ($3.29) and gave the stock a “buy” rating in a research note on Monday, September 11th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 245.52 ($3.23).
Shares of Vodafone Group plc (LON VOD) traded up GBX 12 ($0.16) during midday trading on Tuesday, reaching GBX 228 ($3.00). The company’s stock had a trading volume of 90,052,122 shares, compared to its average volume of 56,170,000. Vodafone Group plc has a one year low of GBX 186.50 ($2.45) and a one year high of GBX 233.90 ($3.08).
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.
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