Vodafone Group (LON:VOD)‘s stock had its “overweight” rating restated by research analysts at J P Morgan Chase & Co in a research note issued on Friday. They currently have a GBX 300 ($4.04) price objective on the cell phone carrier’s stock. J P Morgan Chase & Co’s price objective indicates a potential upside of 30.43% from the company’s current price.
VOD has been the topic of several other reports. Goldman Sachs Group set a GBX 285 ($3.84) price objective on Vodafone Group and gave the stock a “buy” rating in a report on Tuesday, October 3rd. Deutsche Bank restated a “buy” rating and set a GBX 300 ($4.04) price objective on shares of Vodafone Group in a report on Thursday, August 24th. restated a “hold” rating and set a GBX 230 ($3.10) price objective on shares of Vodafone Group in a report on Wednesday, October 18th. Credit Suisse Group restated an “outperform” rating and set a GBX 250 ($3.36) price objective on shares of Vodafone Group in a report on Friday, October 13th. Finally, Macquarie restated an “underperform” rating on shares of Vodafone Group in a report on Monday, September 4th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Vodafone Group currently has a consensus rating of “Buy” and a consensus target price of GBX 249.67 ($3.36).
Vodafone Group (LON VOD) opened at GBX 230 ($3.10) on Friday. 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).
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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