Vodafone Group Plc Receives Consensus Recommendation of “Hold” from Brokerages (NYSE:VOD)
Vodafone Group Plc (NYSE:VOD) has received a consensus rating of “Hold” from the twenty-six analysts that are covering the stock, Stock Ratings News reports. Three investment analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $115.00.
VOD has been the subject of a number of recent research reports. Analysts at Bank of America initiated coverage on shares of Vodafone Group Plc in a research note on Friday, August 15th. They set a “neutral” rating on the stock. Separately, analysts at Raymond James downgraded shares of Vodafone Group Plc from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 7th. Finally, analysts at Redburn Partners upgraded shares of Vodafone Group Plc from a “neutral” rating to a “buy” rating in a research note on Monday, August 4th.
Vodafone Group Plc (NYSE:VOD) traded up 1.70% during mid-day trading on Friday, hitting $34.07. 1,628,971 shares of the company’s stock traded hands. Vodafone Group Plc has a 52 week low of $29.5821 and a 52 week high of $42.14. The stock’s 50-day moving average is $33.21 and its 200-day moving average is $35.64. The company has a market cap of $90.081 billion and a P/E ratio of 0.91.
Vodafone Group Plc (NYSE:VOD), is a mobile communications company.
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