Bank of America Corp. Reiterates Buy Rating for Vodafone (VOD)
Vodafone (NYSE:VOD)‘s stock had its “buy” rating reaffirmed by stock analysts at Bank of America Corp. in a report issued on Tuesday, ARN reports.
Several other analysts have also recently commented on the stock. Analysts at Macquarie reiterated a “neutral” rating on shares of Vodafone in a research note to investors on Tuesday, October 15th. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Vodafone in a research note to investors on Tuesday, October 15th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Vodafone in a research note to investors on Wednesday, October 9th. They now have a $37.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $135.50.
Vodafone (NYSE:VOD) traded down 0.14% during mid-day trading on Tuesday, hitting $36.88. 7,993,897 shares of the company’s stock traded hands. Vodafone has a 52 week low of $24.42 and a 52 week high of $33.69. The stock has a 50-day moving average of $30.9 and a 200-day moving average of $29.33. The company has a market cap of $180.4 billion and a price-to-earnings ratio of 263.79.
Vodafone Group Plc (NYSE:VOD) is a mobile communications company operating across the globe providing a range of communications services.
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