Vodafone Group (VOD) Given “Add” Rating at Numis Securities

Numis Securities reissued their add rating on shares of Vodafone Group (LON:VOD) in a report issued on Wednesday morning. The brokerage currently has a GBX 270 ($3.63) price target on the cell phone carrier’s stock.

Several other analysts also recently issued reports on VOD. Barclays reaffirmed an equal weight rating and issued a GBX 225 ($3.03) price target on shares of Vodafone Group in a report on Tuesday, August 15th. Goldman Sachs Group set a GBX 285 ($3.84) price objective on shares of Vodafone Group and gave the company a buy rating in a research note on Thursday, August 24th. J P Morgan Chase & Co reissued an overweight rating and set a GBX 275 ($3.70) price objective on shares of Vodafone Group in a research note on Thursday, August 24th. Deutsche Bank reaffirmed a buy rating and set a GBX 300 ($4.04) price target on shares of Vodafone Group in a research report on Thursday, August 24th. Finally, Macquarie reaffirmed an underperform rating on shares of Vodafone Group in a research report on Monday, September 4th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of GBX 249.67 ($3.36).

Shares of Vodafone Group (LON VOD) opened at GBX 230 ($3.10) on Wednesday. Vodafone Group has a fifty-two week low of GBX 186.50 ($2.51) and a fifty-two week high of GBX 233.90 ($3.15).

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Vodafone Group 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.

Analyst Recommendations for Vodafone Group (LON:VOD)

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