Vodafone Group plc Stock Rating Reaffirmed by Sanford C. Bernstein (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “market perform” rating reaffirmed by research analysts at Sanford C. Bernstein in a report released on Thursday, StockRatingsNetwork reports. They currently have a GBX 230 ($3.71) target price on the stock. Sanford C. Bernstein’s target price suggests a potential upside of 5.05% from the company’s current price.
Shares of Vodafone Group plc (LON:VOD) traded up 1.46% during mid-day trading on Thursday, hitting GBX 222.15. 70,048,560 shares of the company’s stock traded hands. Vodafone Group plc has a one year low of GBX 154.20 and a one year high of GBX 219.20. The stock’s 50-day moving average is GBX 201.2 and its 200-day moving average is GBX 192.4. The company’s market cap is £108.7 billion.
Several other analysts have also recently commented on the stock. Analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Vodafone Group plc (LON:VOD) in a research note to investors on Tuesday. They now have a GBX 215 ($3.47) price target on the stock. Separately, analysts at HSBC reiterated an “overweight” rating on shares of Vodafone Group plc (LON:VOD) in a research note to investors on Tuesday. They now have a GBX 255 ($4.11) price target on the stock. Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of Vodafone Group plc (LON:VOD) in a research note to investors on Monday. They now have a GBX 202 ($3.26) price target on the stock. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seventeen have issued a buy rating to the company’s stock. Vodafone Group plc has a consensus rating of “Hold” and an average target price of GBX 206.44 ($3.33).
Vodafone Group Plc (LON:VOD) is a mobile communications company operating across the globe providing a range of communications services.
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