Vodafone Group (LON:VOD) has been assigned a GBX 250 ($3.51) price objective by Credit Suisse Group in a research report issued on Monday. The firm currently has a “buy” rating on the cell phone carrier’s stock. Credit Suisse Group’s price objective suggests a potential upside of 22.88% from the company’s previous close.
Other equities research analysts have also recently issued reports about the company. Numis Securities reaffirmed an “add” rating and set a GBX 270 ($3.79) price objective on shares of Vodafone Group in a research note on Thursday, February 1st. Barclays reaffirmed an “overweight” rating and set a GBX 280 ($3.93) price objective on shares of Vodafone Group in a research note on Friday, February 2nd. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 275 ($3.86) price objective on shares of Vodafone Group in a research note on Friday, November 10th. Goldman Sachs Group reaffirmed a “conviction-buy” rating and set a GBX 305 ($4.28) price objective on shares of Vodafone Group in a research note on Tuesday, December 12th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 270 ($3.79) price objective on shares of Vodafone Group in a research note on Friday, January 26th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 255.60 ($3.58).
Shares of Vodafone Group (LON:VOD) opened at GBX 203.45 ($2.85) on Monday. Vodafone Group has a 52-week low of GBX 195.65 ($2.74) and a 52-week high of GBX 239.65 ($3.36). The firm has a market capitalization of $53,830.00 and a price-to-earnings ratio of -6,781.67.
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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