Vodafone’s “Buy” Rating Reaffirmed at Bank of America Corp. (VOD)
Vodafone (NYSE:VOD)‘s stock had its “buy” rating restated by analysts at Bank of America Corp. in a research report issued to clients and investors on Friday, Stock Ratings Network reports.
Shares of Vodafone (NYSE:VOD) traded up 0.15% during mid-day trading on Friday, hitting $36.91. 14,724,661 shares of the company’s stock traded hands. Vodafone has a 52 week low of $24.42 and a 52 week high of $37.90. The stock has a 50-day moving average of $35.3 and a 200-day moving average of $31.2. The company has a market cap of $180.6 billion and a P/E ratio of 263.25. Vodafone also was the target of some unusual options trading on Friday. Stock traders acquired 12,081 put options on the stock. This is an increase of 151% compared to the average volume of 4,805 put options.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Vodafone in a research note to investors on Thursday. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Vodafone in a research note to investors on Wednesday. Finally, analysts at Nomura reiterated a “buy” rating on shares of Vodafone in a research note to investors on Tuesday. Two research 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. The company currently has an average rating of “Hold” and an average target price 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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