Vodafone Group plc’s “Buy” Rating Reaffirmed at Deutsche Bank (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “buy” rating reiterated by research analysts at Deutsche Bank in a report released on Monday, Analyst Ratings Network.com reports. They currently have a GBX 258 ($4.32) price objective on the stock. Deutsche Bank’s target price would indicate a potential upside of 18.13% from the stock’s previous close.
Shares of Vodafone Group plc (LON:VOD) opened at 222.10 on Monday. Vodafone Group plc has a 52-week low of GBX 159.794 and a 52-week high of GBX 241.05. The stock has a 50-day moving average of GBX 230. and a 200-day moving average of GBX 220.4.
A number of other analysts have also recently weighed in on VOD. Analysts at Jefferies Group raised their price target on shares of Vodafone Group plc from GBX 216 ($3.62) to GBX 238 ($3.99) in a research note on Monday. They now have a “hold” rating on the stock. Separately, analysts at UBS AG reiterated a “buy” rating on shares of Vodafone Group plc in a research note on Friday. They now have a GBX 260 ($4.36) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “sell” rating on shares of Vodafone Group plc in a research note on Friday. They now have a GBX 238 ($3.99) price target on the stock. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and sixteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 229.07 ($3.84).
Vodafone Group Plc (LON:VOD) is a mobile communications company.
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