Vodafone Group Plc (VOD) Given Consensus Recommendation of “Hold” by Brokerages

Vodafone Group Plc (LON:VOD) has been assigned a consensus rating of “Hold” from the twenty-three brokerages that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, ten have given a hold recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 246.95 ($3.31).

VOD has been the topic of several recent research reports. Numis Securities reiterated an “add” rating and set a GBX 250 ($3.35) target price on shares of Vodafone Group in a report on Tuesday, September 19th. Deutsche Bank reiterated a “buy” rating and set a GBX 300 ($4.02) target price on shares of Vodafone Group in a report on Tuesday, September 12th. Jefferies Group increased their target price on shares of Vodafone Group from GBX 232 ($3.11) to GBX 250 ($3.35) and gave the stock a “buy” rating in a report on Monday, September 11th. Goldman Sachs Group set a GBX 285 ($3.82) target price on shares of Vodafone Group and gave the stock a “buy” rating in a report on Thursday, August 24th. Finally, UBS set a GBX 280 ($3.75) target price on shares of Vodafone Group and gave the stock a “buy” rating in a report on Tuesday, September 19th.

Vodafone Group (LON VOD) traded up GBX 0.50 ($0.01) during mid-day trading on Friday, reaching GBX 224.80 ($3.01). 21,960,119 shares of the company traded hands, compared to its average volume of 61,240,000. Vodafone Group has a 52 week low of GBX 186.50 ($2.50) and a 52 week high of GBX 233.90 ($3.13).

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About Vodafone Group

Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.

Analyst Recommendations for Vodafone Group (LON:VOD)

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