Vodafone Group plc Receives “Outperform” Rating from Credit Suisse (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “outperform” rating restated by analysts at Credit Suisse in a research report issued to clients and investors on Tuesday. They currently have a GBX 245 ($4.17) price target on the stock. Credit Suisse’s price objective suggests a potential upside of 27.94% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Goldman Sachs reiterated a “neutral” rating on shares of Vodafone Group plc in a research note on Wednesday, June 18th. Separately, analysts at Beaufort Securities reiterated a “buy” rating on shares of Vodafone Group plc in a research note on Tuesday, June 17th. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Vodafone Group plc in a research note on Tuesday, June 17th. Four analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twelve have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 230.54 ($3.92).
Shares of Vodafone Group plc (LON:VOD) opened at 190.80 on Tuesday. Vodafone Group plc has a 52 week low of GBX 174.60 and a 52 week high of GBX 267.00. The stock has a 50-day moving average of GBX 208.7 and a 200-day moving average of GBX 245.7. The company’s market cap is £50.447 billion.
The company also recently announced a dividend, which is scheduled for Wednesday, August 6th. Shareholders 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.
Vodafone Group Plc (LON:VOD), is a mobile communications company.
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