Vodafone Group plc Price Target Increased to GBX 235 by Analysts at Nomura (VOD)
Equities researchers at Nomura hoisted their price objective on shares of Vodafone Group plc (LON:VOD) from GBX 230 ($3.68) to GBX 235 ($3.76) in a research report issued on Tuesday, ARN reports. The firm currently has a “buy” rating on the stock. Nomura’s price objective suggests a potential upside of 12.39% from the stock’s previous close.
Vodafone Group plc (LON:VOD) traded up 1.55% during mid-day trading on Tuesday, hitting GBX 212.35. The stock had a trading volume of 39,449,608 shares. Vodafone Group plc has a one year low of GBX 154.20 and a one year high of GBX 215.75. The stock has a 50-day moving average of GBX 201.2 and a 200-day moving average of GBX 192.4. The company’s market cap is £103.9 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at UBS AG raised their price target on shares of Vodafone Group plc (LON:VOD) from GBX 230 ($3.68) to GBX 245 ($3.92) in a research note to investors on Monday. They now have a “buy” rating on the stock. Separately, analysts at Charles Stanley reiterated an “accumulate” rating on shares of Vodafone Group plc (LON:VOD) in a research note to investors on Thursday, September 19th. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Vodafone Group plc (LON:VOD) in a research note to investors on Monday, September 16th. They now have a GBX 235 ($3.76) price target on the stock.
Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and sixteen have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of GBX 202.43 ($3.24).
Vodafone Group Plc (LON:VOD) is a mobile communications company operating across the globe providing a range of communications services.
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