Sanford C. Bernstein set a GBX 205 ($2.83) price target on Vodafone Group (LON:VOD) in a research note released on Friday. The brokerage currently has a neutral rating on the cell phone carrier’s stock.
Several other brokerages have also recently issued reports on VOD. Berenberg Bank lifted their target price on shares of Vodafone Group from GBX 240 ($3.32) to GBX 253 ($3.50) and gave the stock a buy rating in a research note on Tuesday, January 30th. Beaufort Securities reaffirmed a buy rating and set a GBX 260 ($3.59) target price on shares of Vodafone Group in a research note on Tuesday, November 14th. HSBC reaffirmed a hold rating and set a GBX 230 ($3.18) target price on shares of Vodafone Group in a research note on Wednesday, November 15th. Goldman Sachs Group set a GBX 305 ($4.21) target price on shares of Vodafone Group and gave the stock a buy rating in a research note on Thursday, February 1st. Finally, Credit Suisse Group reaffirmed an outperform rating and set a GBX 250 ($3.45) target price on shares of Vodafone Group in a research note on Monday, February 26th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have given a buy rating to the company. The company has a consensus rating of Buy and an average price target of GBX 252.35 ($3.49).
Shares of Vodafone Group (VOD) opened at GBX 206.95 ($2.86) on Friday. Vodafone Group has a one year low of GBX 197.45 ($2.73) and a one year high of GBX 239.65 ($3.31). The stock has a market cap of $55,220.00 and a price-to-earnings ratio of -6,898.33.
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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