Vodafone Group plc Stock Rating Reaffirmed by Sanford C. Bernstein (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “market perform” rating reiterated by Sanford C. Bernstein in a research note issued on Monday, Analyst Ratings News reports. They currently have a GBX 311.48 ($5.16) price objective on the stock. Sanford C. Bernstein’s price objective would suggest a potential upside of 41.71% from the company’s current price.
Shares of Vodafone Group plc (LON:VOD) opened at 221.60 on Monday. Vodafone Group plc has a 52 week low of GBX 174.60 and a 52 week high of GBX 252.30. The stock’s 50-day moving average is GBX 245.2 and its 200-day moving average is GBX 273.6. The company’s market cap is £58.744 billion.
A number of other firms have also recently commented on VOD. Analysts at Beaufort Securities reiterated a “hold” rating on shares of Vodafone Group plc in a research note on Friday. Separately, analysts at Nomura downgraded shares of Vodafone Group plc to a “neutral” rating in a research note on Friday. They now have a GBX 240 ($3.98) price target on the stock, down previously from GBX 255 ($4.23). Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Vodafone Group plc in a research note on Thursday. They now have a GBX 255 ($4.23) price target on the stock. Four investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and fourteen have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 232.55 ($3.86).
Vodafone Group Plc (LON:VOD) is a mobile communications company.
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