Vodafone Group plc Rating Reiterated by Barclays (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “overweight” rating reiterated by investment analysts at Barclays in a note issued to investors on Wednesday, AnalystRatings.Net reports. They currently have a GBX 260 ($4.32) target price on the stock. Barclays’ target price would indicate a potential upside of 5.62% from the company’s current price.
Vodafone Group plc (LON:VOD) traded down 0.32% during mid-day trading on Wednesday, hitting GBX 246.1657. The stock had a trading volume of 95,804,880 shares. Vodafone Group plc has a 1-year low of GBX 234.765 and a 1-year high of GBX 442.061. The stock’s 50-day moving average is GBX 410.0 and its 200-day moving average is GBX 405.4. The company’s market cap is £119.6 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. raised their price target on shares of Vodafone Group plc from GBX 260 ($4.32) to GBX 290 ($4.82) in a research note on Thursday, February 20th. They now have a “buy” rating on the stock. Separately, analysts at Bank of America cut their price target on shares of Vodafone Group plc from GBX 245 ($4.07) to GBX 243 ($4.04) in a research note on Wednesday, February 19th. They now have a “buy” rating on the stock. Finally, analysts at Nomura raised their price target on shares of Vodafone Group plc from GBX 250 ($4.16) to GBX 255 ($4.24) in a research note on Wednesday, February 19th. They now have a “buy” rating on the stock. Three equities 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. Vodafone Group plc has a consensus rating of “Hold” and an average target price of GBX 231.33 ($3.85).
Vodafone Group Plc (LON:VOD) is a mobile communications company.
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