Vodafone Group plc Price Target Increased to GBX 290 by Analysts at Citigroup Inc. (VOD)
Research analysts at Citigroup Inc. boosted their price objective on shares of Vodafone Group plc (LON:VOD) from GBX 260 ($4.36) to GBX 290 ($4.86) in a report released on Thursday, Stock Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s price target would suggest a potential upside of 22.62% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Bank of America cut their price target on shares of Vodafone Group plc from GBX 245 ($4.11) to GBX 243 ($4.07) in a research note on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Nomura raised their price target on shares of Vodafone Group plc from GBX 250 ($4.19) to GBX 255 ($4.27) in a research note on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Vodafone Group plc in a research note on Monday, February 17th. They now have a GBX 258 ($4.32) price target on the stock. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and sixteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 230 ($3.85).
Shares of Vodafone Group plc (LON:VOD) traded up 3.01% during mid-day trading on Thursday, hitting GBX 236.50. The stock had a trading volume of 317,280,608 shares. Vodafone Group plc has a 52 week low of GBX 161.90 and a 52 week high of GBX 241.124. The stock’s 50-day moving average is GBX 229.4 and its 200-day moving average is GBX 221.4. The company’s market cap is £114.9 billion.
Vodafone Group Plc (LON:VOD) is a mobile communications company.
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