Goldman Sachs Group Analysts Give Vodafone Group (VOD) a GBX 305 Price Target
Vodafone Group (LON:VOD) has been assigned a GBX 305 ($4.10) target price by research analysts at Goldman Sachs Group in a research note issued on Wednesday. The firm currently has a “buy” rating on the cell phone carrier’s stock. Goldman Sachs Group’s target price would indicate a potential upside of 36.07% from the stock’s current price.
Several other research analysts also recently issued reports on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 270 ($3.63) price objective on shares of Vodafone Group in a research report on Monday. UBS set a GBX 280 ($3.77) target price on shares of Vodafone Group and gave the stock a “buy” rating in a research note on Wednesday, November 29th. Credit Suisse Group restated an “outperform” rating and issued a GBX 250 ($3.36) target price on shares of Vodafone Group in a research note on Tuesday, November 28th. Citigroup raised their target price on shares of Vodafone Group from GBX 230 ($3.10) to GBX 240 ($3.23) and gave the stock a “neutral” rating in a research note on Monday, November 27th. Finally, J P Morgan Chase & Co set a GBX 300 ($4.04) target price on shares of Vodafone Group and gave the stock a “buy” rating in a research note on Thursday, November 23rd. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 246.75 ($3.32).
Vodafone Group (LON:VOD) opened at GBX 224.15 ($3.02) on Wednesday. Vodafone Group has a 52-week low of GBX 186.50 ($2.51) and a 52-week high of GBX 233.90 ($3.15).
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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.
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