Vodafone Receives “Buy” Rating from Nomura (VOD)
Vodafone (NYSE:VOD)‘s stock had its “buy” rating reaffirmed by stock analysts at Nomura in a report issued on Tuesday, AnalystRatingsNetwork.com reports.
Vodafone (NYSE:VOD) traded down 0.37% during mid-day trading on Tuesday, hitting $36.34. 14,368,766 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’s 50-day moving average is $30.9 and its 200-day moving average is $29.33. The company has a market cap of $177.8 billion and a P/E ratio of 260.54.
A number of other analysts have also recently weighed in on VOD. Analysts at Bank of America Corp. reiterated a “buy” rating on shares of Vodafone in a research note to investors on Tuesday, October 22nd. Separately, analysts at Macquarie reiterated a “neutral” rating on shares of Vodafone in a research note to investors on Tuesday, October 15th. Finally, 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. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.