Macquarie Reiterates “Outperform” Rating for Vodafone Group plc (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “outperform” rating reiterated by stock analysts at Macquarie in a report issued on Friday. They currently have a GBX 220 ($3.70) price objective on the stock. Macquarie’s target price suggests a potential upside of 14.43% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Berenberg Bank reiterated a “hold” rating on shares of Vodafone Group plc in a research note on Monday, July 28th. They now have a GBX 214 ($3.60) price target on the stock. Separately, analysts at Natixis reiterated a “neutral” rating on shares of Vodafone Group plc in a research note on Monday, July 28th. They now have a GBX 205 ($3.45) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Vodafone Group plc in a research note on Monday, July 28th. They now have a GBX 220 ($3.70) price target on the stock. Four analysts have rated the stock with a sell rating, fourteen have given a hold rating and thirteen have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 225.28 ($3.79).
Vodafone Group plc (LON:VOD) opened at 192.90 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 has a 50-day moving average of GBX 195.4 and a 200-day moving average of GBX 224.2. The company’s market cap is £51.003 billion.
Vodafone Group Plc (LON:VOD), is a mobile communications company.
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