Vodafone Group plc Given New GBX 220 Price Target at Credit Suisse (VOD)
Stock analysts at Credit Suisse decreased their target price on shares of Vodafone Group plc (LON:VOD) from GBX 245 ($4.20) to GBX 220 ($3.77) in a report issued on Tuesday. The firm currently has an “outperform” rating on the stock. Credit Suisse’s price target would suggest a potential upside of 15.15% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Vodafone Group plc in a research note on Friday. They now have a GBX 250 ($4.29) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “hold” rating on shares of Vodafone Group plc in a research note on Thursday, July 3rd. They now have a GBX 214 ($3.67) price target on the stock. Finally, analysts at Oriel Securities Ltd upgraded shares of Vodafone Group plc to a “hold” rating in a research note on Monday, June 30th. They now have a GBX 195 ($3.34) price target on the stock. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and thirteen have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 228.30 ($3.92).
Shares of Vodafone Group plc (LON:VOD) traded down 1.15% during mid-day trading on Tuesday, hitting GBX 194.5934. The stock had a trading volume of 65,425,912 shares. Vodafone Group plc has a one year low of GBX 187.25 and a one year high of GBX 267.00. The stock’s 50-day moving average is GBX 200.7 and its 200-day moving average is GBX 238.9. The company’s market cap is £51.450 billion.
Vodafone Group Plc (LON:VOD) is a mobile communications company.
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