Barclays Initiates Coverage on Vodafone Group Plc (VOD)
Equities researchers at Barclays started coverage on shares of Vodafone Group Plc (NYSE:VOD) in a research report issued on Wednesday, Analyst Ratings News reports. The firm set an “overweight” rating on the stock.
Shares of Vodafone Group Plc (NYSE:VOD) opened at 41.13 on Wednesday. Vodafone Group Plc has a one year low of $25.2395 and a one year high of $42.14. The stock’s 50-day moving average is $38.53 and its 200-day moving average is $36.63. The company has a market cap of $199.9 billion and a P/E ratio of 6.19.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Vodafone Group Plc in a research note on Monday, February 17th. Separately, analysts at Societe Generale reiterated a “sell” rating on shares of Vodafone Group Plc in a research note on Friday, February 14th. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “trading sell” rating on shares of Vodafone Group Plc in a research note on Friday, February 14th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and sixteen have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $77.50.
Vodafone Group Plc (NYSE:VOD) is a mobile communications company.
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