Vodafone Group plc’s Hold Rating Reaffirmed at Berenberg Bank (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “hold” rating reiterated by investment analysts at Berenberg Bank in a note issued to investors on Thursday. They currently have a GBX 214 ($3.65) price objective on the stock. Berenberg Bank’s target price would indicate a potential upside of 10.14% from the stock’s previous close.
Shares of Vodafone Group plc (LON:VOD) opened at 197.30 on Thursday. Vodafone Group plc has a 52-week low of GBX 186.20 and a 52-week high of GBX 267.00. The stock’s 50-day moving average is GBX 203.2 and its 200-day moving average is GBX 241.5. The company’s market cap is £52.166 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, August 6th. Shareholders of record on Wednesday, June 11th will be given a dividend of GBX 7.47 ($0.13) per share. This represents a yield of 3.65%. The ex-dividend date of this dividend is Wednesday, June 11th.
Several other analysts have also recently commented on the stock. Analysts at Oriel Securities Ltd upgraded shares of Vodafone Group plc to a “hold” rating in a research note on Monday. They now have a GBX 195 ($3.32) price target on the stock. Separately, analysts at Oddo & Cie reiterated a “buy” rating on shares of Vodafone Group plc in a research note on Friday, June 27th. They now have a GBX 240 ($4.09) price target on the stock. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of Vodafone Group plc in a research note on Friday, June 27th. They now have a GBX 205 ($3.49) price target on the stock. Three research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and thirteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 228.44 ($3.89).
Vodafone Group Plc (LON:VOD) is a mobile communications company.
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