Vodafone Group plc’s “Buy” Rating Reaffirmed at Goldman Sachs (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “buy” rating reaffirmed by analysts at Goldman Sachs in a research report issued to clients and investors on Monday, AR Network reports. They currently have a GBX 275 ($4.51) price target on the stock. Goldman Sachs’ price objective indicates a potential upside of 23.87% from the stock’s previous close.
Vodafone Group plc (LON:VOD) remained flat at GBX 222.00 during trading on Monday. 78,457,024 shares of the company’s stock traded hands. Vodafone Group plc has a 52 week low of GBX 159.794 and a 52 week high of GBX 241.05. The stock’s 50-day moving average is GBX 232.6 and its 200-day moving average is GBX 219.6. The company’s market cap is £107.9 billion.
VOD has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Vodafone Group plc in a research note to investors on Friday. They now have a GBX 230 ($3.77) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Vodafone Group plc in a research note to investors on Friday. They now have a GBX 258 ($4.23) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Vodafone Group plc in a research note to investors on Friday. They now have a GBX 260 ($4.27) price target on the stock. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and sixteen have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 228.33 ($3.75).
Vodafone Group Plc (LON:VOD) is a mobile communications company.
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