Vodafone Group plc’s Buy Rating Reaffirmed at Deutsche Bank (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank in a report issued on Wednesday, Analyst Ratings Net reports. They currently have a GBX 246 ($3.98) price objective on the stock. Deutsche Bank’s price objective points to a potential upside of 8.71% from the company’s current price.
A number of other firms have also recently commented on VOD. Analysts at Nomura reiterated a “buy” rating on shares of Vodafone Group plc in a research note to investors on Tuesday. They now have a GBX 235 ($3.80) price target on the stock. Separately, analysts at Credit Suisse raised their price target on shares of Vodafone Group plc from GBX 195 ($3.15) to GBX 245 ($3.96) in a research note to investors on Wednesday, October 23rd. They now have an “outperform” rating on the stock. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Vodafone Group plc in a research note to investors on Tuesday, October 22nd. They now have a GBX 240 ($3.88) price target on the stock. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and fifteen have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 210.21 ($3.40).
Shares of Vodafone Group plc (LON:VOD) opened at 226.1773 on Wednesday. Vodafone Group plc has a one year low of GBX 154.20 and a one year high of GBX 230.00. The stock’s 50-day moving average is GBX 214. and its 200-day moving average is GBX 197.. The company’s market cap is £110.6 billion.
Vodafone Group Plc (LON:VOD) is a mobile communications company operating across the globe providing a range of communications services.
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