Vodafone Group plc Receives “Buy” Rating from UBS AG (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “buy” rating reaffirmed by research analysts at UBS AG in a report released on Friday, American Banking News reports. They currently have a GBX 230 ($3.58) target price on the stock. UBS AG’s price target would indicate a potential upside of 20.10% from the company’s current price.
VOD has been the subject of a number of other recent research reports. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of Vodafone Group plc in a research note to investors on Thursday. They now have a GBX 210 ($3.27) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Vodafone Group plc in a research note to investors on Thursday, August 15th. They now have a GBX 220 ($3.43) price target on the stock.
Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and sixteen have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 194.89 ($3.04).
Shares of Vodafone Group plc (LON:VOD) traded up 0.79% during mid-day trading on Friday, hitting GBX 191.51. 47,940,160 shares of the company’s stock traded hands. Vodafone Group plc has a 1-year low of GBX 154.20 and a 1-year high of GBX 205.712. The stock’s 50-day moving average is GBX 194.1 and its 200-day moving average is GBX 187.4. The company’s market cap is £93.684 billion.
Vodafone Group Plc (LON:VOD) is a mobile communications company operating across the globe providing a range of communications services.
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