Vodafone Group plc’s “Overweight” Rating Reiterated at HSBC (VOD)
Vodafone Group plc (LON:VOD)‘s stock had its “overweight” rating reiterated by HSBC in a research note issued on Wednesday. They currently have a GBX 270 ($4.48) price objective on the stock. HSBC’s target price points to a potential upside of 29.25% from the company’s current price.
Vodafone Group plc (LON:VOD) opened at 212.30 on Wednesday. Vodafone Group plc has a one year low of GBX 187.35 and a one year high of GBX 267.00. The stock has a 50-day moving average of GBX 199.4 and a 200-day moving average of GBX 213.. The company’s market cap is £56.132 billion.
A number of other firms have also recently commented on VOD. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Vodafone Group plc in a research note on Monday. They now have a GBX 220 ($3.65) price target on the stock. Finally, analysts at Berenberg Bank reiterated a “hold” rating on shares of Vodafone Group plc in a research note on Monday, August 11th. They now have a GBX 214 ($3.55) price target on the stock. Four analysts have rated the stock with a sell rating, fourteen have given a hold rating and thirteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 225.46 ($3.74).
Vodafone Group Plc (LON:VOD), is a mobile communications company.
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