Vodafone Given “Buy” Rating at Citigroup Inc. (VOD)
Vodafone (NYSE:VOD)‘s stock had its “buy” rating reaffirmed by Citigroup Inc. in a research note issued on Monday, Analyst Ratings Network.com reports.
Shares of Vodafone (NYSE:VOD) traded up 0.51% during mid-day trading on Monday, hitting $35.18. The stock had a trading volume of 12,775,473 shares. Vodafone has a 52 week low of $24.42 and a 52 week high of $35.09. The stock has a 50-day moving average of $32.04 and a 200-day moving average of $29.90. The company has a market cap of $172.1 billion and a price-to-earnings ratio of 250.00. Vodafone also was the recipient of unusually large options trading activity on Monday. Stock investors purchased 6,041 put options on the stock. This represents an increase of 133% compared to the typical volume of 2,590 put options.
A number of other analysts have also recently weighed in on VOD. Analysts at Charles Stanley reiterated an “accumulate” rating on shares of Vodafone (NYSE:VOD) in a research note to investors on Thursday, September 19th. Separately, analysts at Evercore Partners upgraded shares of Vodafone (NYSE:VOD) from an “equal weight” rating to an “overweight” rating in a research note to investors on Friday, September 13th. Finally, analysts at Santander reiterated a “hold” rating on shares of Vodafone (NYSE:VOD) in a research note to investors on Friday, September 6th. They now have a $190.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $146.20.
Vodafone Group Plc (NYSE:VOD) is a mobile communications company operating across the globe providing a range of communications services.
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