Vodafone Group plc (VOD) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Vodafone Group plc (LON:VOD) have received an average rating of “Buy” from the twenty research firms that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 255.60 ($3.53).

A number of equities research analysts recently weighed in on VOD shares. JPMorgan Chase & Co. increased their price target on Vodafone Group from GBX 275 ($3.80) to GBX 300 ($4.14) and gave the company an “overweight” rating in a research note on Wednesday, November 15th. Barclays restated an “overweight” rating and issued a GBX 280 ($3.87) price target on shares of Vodafone Group in a research note on Monday, December 18th. Deutsche Bank restated a “buy” rating and issued a GBX 300 ($4.14) price target on shares of Vodafone Group in a research note on Friday, November 10th. Goldman Sachs Group restated a “buy” rating and issued a GBX 300 ($4.14) price target on shares of Vodafone Group in a research note on Monday, November 13th. Finally, set a GBX 230 ($3.18) price target on Vodafone Group and gave the company a “neutral” rating in a research note on Thursday, October 19th.

Shares of Vodafone Group (LON VOD) opened at GBX 201.15 ($2.78) on Wednesday. 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 capitalization of $53,760.00 and a price-to-earnings ratio of -6,705.00.

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Vodafone Group Company Profile

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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