Vodafone Group plc (LON:VOD) had its price target increased by analysts at Goldman Sachs Group, Inc. (The) from GBX 300 ($3.95) to GBX 305 ($4.01) in a research note issued to investors on Wednesday. The firm presently has a “conviction-buy” rating on the cell phone carrier’s stock. Goldman Sachs Group, Inc. (The)’s price objective suggests a potential upside of 32.18% from the stock’s current price.
A number of other analysts have also issued reports on the company. Deutsche Bank AG restated a “buy” rating and issued a GBX 300 ($3.95) target price on shares of Vodafone Group plc in a report on Tuesday, September 12th. Macquarie restated an “underperform” rating on shares of Vodafone Group plc in a report on Monday, September 4th. Credit Suisse Group restated an “outperform” rating on shares of Vodafone Group plc in a report on Friday, July 21st. Numis Securities Ltd reiterated an “add” rating and set a GBX 250 ($3.29) price objective on shares of Vodafone Group plc in a report on Tuesday, September 19th. Finally, J P Morgan Chase & Co reiterated an “overweight” rating and set a GBX 275 ($3.62) price objective on shares of Vodafone Group plc in a report on Tuesday, October 17th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 246.13 ($3.24).
Shares of Vodafone Group plc (LON VOD) opened at GBX 230.75 ($3.03) on Wednesday. Vodafone Group plc has a 1-year low of GBX 186.50 ($2.45) and a 1-year high of GBX 233.90 ($3.08).
Vodafone Group plc 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.
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