Vodafone Group (LON:VOD) has been assigned a GBX 285 ($3.81) price target by investment analysts at UBS Group in a report released on Thursday, www.boersen-zeitung.de reports. The brokerage currently has a “buy” rating on the cell phone carrier’s stock. UBS Group’s price objective would suggest a potential upside of 21.79% from the stock’s current price.
Other analysts have also recently issued reports about the stock. Numis Securities restated an “add” rating and issued a GBX 250 ($3.34) price objective on shares of Vodafone Group in a research note on Monday, October 2nd. Berenberg Bank set a GBX 240 ($3.21) price objective on shares of Vodafone Group and gave the stock a “buy” rating in a research note on Friday, October 6th. Goldman Sachs Group set a GBX 285 ($3.81) price objective on shares of Vodafone Group and gave the stock a “buy” rating in a research note on Tuesday, October 3rd. Deutsche Bank restated a “buy” rating and issued a GBX 300 ($4.01) price objective on shares of Vodafone Group in a research note on Tuesday, September 12th. Finally, Jefferies Group upped their target price on shares of Vodafone Group from GBX 232 ($3.10) to GBX 250 ($3.34) and gave the company a “buy” rating in a research note on Monday, September 11th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of GBX 246.75 ($3.30).
Shares of Vodafone Group (VOD) opened at GBX 234 ($3.13) on Thursday. Vodafone Group has a one year low of GBX 186.50 ($2.49) and a one year high of GBX 237.40 ($3.17). The firm has a market cap of $62,130.00 and a price-to-earnings ratio of -7,800.00.
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.
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