Vodafone Group Plc Reaches New 52-Week Low at $40.40 (VOD)
Shares of Vodafone Group Plc (NYSE:VOD) hit a new 52-week low during trading on Wednesday , Analyst Ratings News reports. The company traded as low as $40.40 and last traded at $40.54, with a volume of 9,262,895 shares trading hands. The stock had previously closed at $41.13.
VOD has been the subject of a number of recent research reports. Analysts at Barclays initiated coverage on shares of Vodafone Group Plc in a research note on Wednesday. They set an “overweight” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Vodafone Group Plc in a research note on Monday, February 17th. Finally, analysts at Societe Generale reiterated a “sell” rating on shares of Vodafone Group Plc in a research note on Friday, February 14th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and sixteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $77.50.
The stock’s 50-day moving average is $38.56 and its 200-day moving average is $36.66. The company has a market cap of $197.2 billion and a P/E ratio of 6.18.
Vodafone Group Plc (NYSE:VOD) is a mobile communications company.