Vodafone Group plc Given Hold Rating at Jefferies Group (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “hold” rating reaffirmed by equities researchers at Jefferies Group in a research report issued on Monday. They currently have a GBX 210 ($3.59) price objective on the stock. Jefferies Group’s price target would suggest a potential upside of 8.02% from the company’s current price.
Vodafone Group plc (LON:VOD) traded down 0.44% on Monday, hitting GBX 194.40. 28,791,260 shares of the company’s stock traded hands. 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 196.7 and its 200-day moving average is GBX 232.5. The company’s market cap is £51.399 billion.
Several other analysts have also recently commented on the stock. Analysts at Nomura reiterated a “neutral” rating on shares of Vodafone Group plc in a research note on Monday. Separately, analysts at Goldman Sachs cut their price target on shares of Vodafone Group plc from GBX 240 ($4.10) to GBX 230 ($3.93) in a research note on Monday. They now have a “neutral” rating on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Vodafone Group plc in a research note on Friday. They now have a GBX 220 ($3.76) price target on the stock. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and thirteen have assigned a buy rating to the company. Vodafone Group plc has an average rating of “Hold” and a consensus target price of GBX 227.50 ($3.89).
Vodafone Group Plc (LON:VOD) is a mobile communications company.
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