Vodafone Group Plc Given “Neutral” Rating at Zacks (VOD)
Vodafone Group Plc (NYSE:VOD)‘s stock had its “neutral” rating reaffirmed by Zacks in a report issued on Friday. They currently have a $35.00 price target on the stock. Zacks‘s price objective indicates a potential upside of 6.32% from the stock’s previous close.
VOD has been the subject of a number of other recent research reports. Analysts at Espirito Santo Investment Bank Research reiterated a “neutral” rating on shares of Vodafone Group Plc in a research note on Wednesday. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Vodafone Group Plc in a research note on Friday, June 6th. Finally, analysts at Berenberg Bank downgraded shares of Vodafone Group Plc from a “buy” rating to a “hold” rating in a research note on Tuesday, May 27th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $75.50.
Vodafone Group Plc (NYSE:VOD) traded down 0.12% during mid-day trading on Friday, hitting $32.88. 2,756,442 shares of the company’s stock traded hands. Vodafone Group Plc has a 52 week low of $27.5433 and a 52 week high of $42.14. The stock has a 50-day moving average of $35.94 and a 200-day moving average of $37.58. The company has a market cap of $86.935 billion and a P/E ratio of 0.88.
The company also recently announced a special dividend, which is scheduled for Monday, August 18th. Shareholders of record on Friday, June 13th will be paid a dividend of $1.2573 per share. The ex-dividend date is Wednesday, June 11th.
Vodafone Group Plc (NYSE:VOD), is a mobile communications company.
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