Vodafone Group plc Receives Buy Rating from Citigroup Inc. (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “buy” rating restated by equities researchers at Citigroup Inc. in a research report issued on Friday. They currently have a GBX 250 ($4.26) target price on the stock. Citigroup Inc.’s price target would indicate a potential upside of 27.19% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Berenberg Bank reiterated a “hold” rating on shares of Vodafone Group plc in a research note on Thursday. They now have a GBX 214 ($3.65) price target on the stock. Separately, 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. Finally, 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. Three investment 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. Vodafone Group plc has an average rating of “Hold” and a consensus price target of GBX 229.30 ($3.91).
Vodafone Group plc (LON:VOD) opened at 197.50 on Friday. Vodafone Group plc has a 52 week low of GBX 187.25 and a 52 week high of GBX 267.00. The stock’s 50-day moving average is GBX 202.6 and its 200-day moving average is GBX 241.2. The company’s market cap is £52.219 billion.
The company also recently declared a dividend, which is scheduled for Wednesday, August 6th. Stockholders 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.
Vodafone Group Plc (LON:VOD) is a mobile communications company.
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