Vodafone Group plc’s Outperform Rating Reaffirmed at Credit Suisse (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “outperform” rating reiterated by equities research analysts at Credit Suisse in a research note issued to investors on Monday, American Banking and Market News reports. They currently have a GBX 245 ($4.04) price objective on the stock. Credit Suisse’s target price points to a potential upside of 9.60% from the company’s current price.
Shares of Vodafone Group plc (LON:VOD) traded down 4.45% on Monday, hitting GBX 223.55. The stock had a trading volume of 269,106,816 shares. Vodafone Group plc has a 1-year low of GBX 159.794 and a 1-year high of GBX 241.05. The stock’s 50-day moving average is GBX 234.4 and its 200-day moving average is GBX 218.0. The company’s market cap is £108.6 billion.
Several other analysts have also recently commented on the stock. Analysts at Espirito Santo Investment Bank Research downgraded shares of Vodafone Group plc to a “trading sell” rating in a research note to investors on Wednesday, January 22nd. They now have a GBX 238 ($3.92) price target on the stock, up previously from GBX 230 ($3.79). Separately, analysts at UBS AG reiterated a “buy” rating on shares of Vodafone Group plc in a research note to investors on Wednesday, January 22nd. They now have a GBX 260 ($4.28) price target on the stock. Finally, analysts at WH Ireland reiterated a “sell” rating on shares of Vodafone Group plc in a research note to investors on Monday, January 20th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and fifteen have assigned a buy rating to the company. Vodafone Group plc currently has a consensus rating of “Hold” and a consensus price target of GBX 225.36 ($3.71).
Vodafone Group Plc (LON: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.