Beaufort Securities Upgrades Vodafone Group plc to “Buy” (VOD)
Shares of Vodafone Group plc (LON:VOD) traded down 0.34% on Wednesday, hitting GBX 204.60. 117,411,728 shares of the company’s stock traded hands. Vodafone Group plc has a 1-year low of GBX 202.185 and a 1-year high of GBX 267.00. The stock has a 50-day moving average of GBX 218.1 and a 200-day moving average of GBX 259.4. The company’s market cap is £54.238 billion.
The company also recently announced a dividend, which is scheduled for Wednesday, August 6th. Stockholders of record on Wednesday, June 11th will be paid a dividend of GBX 7.47 ($0.13) per share. This represents a dividend yield of 3.65%. The ex-dividend date is Wednesday, June 11th.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. cut their price target on shares of Vodafone Group plc from GBX 270 ($4.54) to GBX 260 ($4.37) in a research note on Tuesday. They now have an “overweight” rating on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Vodafone Group plc in a research note on Tuesday. They now have a GBX 238 ($4.00) price target on the stock. Finally, analysts at Goldman Sachs reiterated a “neutral/neutral” rating on shares of Vodafone Group plc in a research note on Tuesday. They now have a GBX 225 ($3.78) price target on the stock. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 234.85 ($3.95).
Vodafone Group Plc (LON:VOD), is a mobile communications company.
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