BNP Paribas Reiterates “Underperform” Rating for Vodafone Group plc (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “underperform” rating reiterated by equities researchers at BNP Paribas in a research report issued on Thursday, Analyst Ratings News reports. They currently have a GBX 202 ($3.24) target price on the stock. BNP Paribas’ price objective indicates a potential downside of 6.05% from the company’s current price.
Vodafone Group plc (LON:VOD) traded up 1.05% on Thursday, hitting GBX 217.25. 45,483,856 shares of the company’s stock traded hands. Vodafone Group plc has a 52 week low of GBX 154.20 and a 52 week high of GBX 223.20. 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 £106.3 billion.
Several other analysts have also recently commented on the stock. Analysts at UBS AG reiterated a “buy” rating on shares of Vodafone Group plc in a research note to investors on Thursday. They now have a GBX 245 ($3.93) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Vodafone Group plc in a research note to investors on Thursday, October 3rd. They now have a GBX 230 ($3.69) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Vodafone Group plc in a research note to investors on Tuesday, October 1st. They now have a GBX 215 ($3.45) price target on the stock. Four equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seventeen have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 206.44 ($3.31).
Vodafone Group Plc (LON:VOD) is a mobile communications company operating across the globe providing a range of communications services.
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