Vodafone Group plc’s “Outperform” Rating Reaffirmed at Credit Suisse (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “outperform” rating reaffirmed by stock analysts at Credit Suisse in a report issued on Thursday, Analyst Ratings News reports. They currently have a GBX 245 ($4.02) price objective on the stock. Credit Suisse’s target price indicates a potential upside of 3.81% from the company’s current price.
A number of other firms have also recently commented on VOD. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Vodafone Group plc in a research note to investors on Monday. They now have a GBX 250 ($4.10) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “buy” rating on shares of Vodafone Group plc in a research note to investors on Friday, December 20th. They now have a GBX 265 ($4.35) price target on the stock. Finally, analysts at Societe Generale reiterated a “sell” rating on shares of Vodafone Group plc in a research note to investors on Wednesday, December 18th. They now have a GBX 130 ($2.13) price target on the stock. Three 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 company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 225.14 ($3.69).
Shares of Vodafone Group plc (LON:VOD) opened at 238.35 on Thursday. Vodafone Group plc has a 52 week low of GBX 158.597 and a 52 week high of GBX 239.35. The stock’s 50-day moving average is GBX 231.6 and its 200-day moving average is GBX 213.5. The company’s market cap is £115.8 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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