Vodafone Group (VOD) Earns Overweight Rating from Barclays

Vodafone Group (LON:VOD)‘s stock had its “overweight” rating reiterated by analysts at Barclays in a research report issued on Monday. They presently have a GBX 280 ($3.87) target price on the cell phone carrier’s stock. Barclays’ target price would suggest a potential upside of 38.48% from the stock’s current price.

Several other brokerages have also recently commented on VOD. reiterated a “hold” rating and set a GBX 230 ($3.18) price target on shares of Vodafone Group in a research report on Wednesday, October 18th. Berenberg Bank lifted their price target on shares of Vodafone Group from GBX 240 ($3.32) to GBX 253 ($3.50) and gave the stock a “buy” rating in a research report on Tuesday, January 30th. Beaufort Securities reiterated a “buy” rating and set a GBX 260 ($3.59) price target on shares of Vodafone Group in a research report on Tuesday, November 14th. HSBC reiterated a “hold” rating and set a GBX 230 ($3.18) price target on shares of Vodafone Group in a research report on Wednesday, November 15th. Finally, Goldman Sachs Group set a GBX 305 ($4.21) price target on shares of Vodafone Group and gave the stock a “buy” rating in a research report on Thursday, February 1st. Two analysts have rated the stock with a sell rating, six have given a hold rating and twelve have assigned a buy rating to the company’s stock. Vodafone Group presently has a consensus rating of “Buy” and an average target price of GBX 255.60 ($3.53).

Shares of Vodafone Group (LON:VOD) traded up GBX 0.40 ($0.01) during trading hours on Monday, hitting GBX 202.20 ($2.79). 64,329,706 shares of the stock traded hands, compared to its average volume of 59,680,000. Vodafone Group has a 12 month low of GBX 195.65 ($2.70) and a 12 month high of GBX 239.65 ($3.31). The firm has a market cap of $53,940.00 and a PE ratio of -6,740.00.

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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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