Vodafone Rating Reiterated by Zacks (VOD)
Vodafone (NYSE:VOD)‘s stock had its “neutral” rating reaffirmed by Zacks in a note issued to investors on Wednesday, Analyst Ratings News reports. They currently have a $37.00 target price on the stock. Zacks‘ price objective would suggest a potential upside of 6.41% from the company’s current price.
Shares of Vodafone (NYSE:VOD) traded down 1.24% on Wednesday, hitting $34.34. The stock had a trading volume of 9,991,321 shares. Vodafone has a 52 week low of $24.42 and a 52 week high of $36.08. The stock has a 50-day moving average of $32.97 and a 200-day moving average of $30.29. The company has a market cap of $168.0 billion and a P/E ratio of 248.36.
A number of other analysts have also recently weighed in on VOD. Analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Vodafone in a research note to investors on Tuesday, October 1st. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Vodafone in a research note to investors on Monday, September 30th. Finally, analysts at Charles Stanley reiterated an “accumulate” rating on shares of Vodafone in a research note to investors on Thursday, September 19th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $135.50.
Vodafone Group Plc (NYSE:VOD) is a mobile communications company operating across the globe providing a range of communications services.
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