HSBC Reiterates “Hold” Rating for Vodafone Group (LON:VOD)

HSBC reiterated their hold rating on shares of Vodafone Group (LON:VOD) in a research note published on Wednesday, November 15th, StockTargetPrices.com reports. HSBC currently has a GBX 230 ($3.10) target price on the cell phone carrier’s stock.

Several other research analysts have also issued reports on VOD. Numis Securities restated an add rating and issued a GBX 250 ($3.36) price target on shares of Vodafone Group in a research report on Wednesday, July 26th. Deutsche Bank restated a buy rating and issued a GBX 300 ($4.04) price target on shares of Vodafone Group in a research report on Wednesday, August 9th. Goldman Sachs Group restated a buy rating and issued a GBX 285 ($3.84) price target on shares of Vodafone Group in a research report on Monday, July 24th. UBS set a GBX 270 ($3.63) price target on Vodafone Group and gave the stock a buy rating in a research report on Wednesday, July 19th. Finally, Jefferies Group raised their price target on Vodafone Group from GBX 232 ($3.12) to GBX 250 ($3.36) and gave the stock a buy rating in a research report on Monday, September 11th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. Vodafone Group presently has an average rating of Hold and a consensus price target of GBX 246.75 ($3.32).

Shares of Vodafone Group (LON VOD) traded down £221.74 ($298.44) on Wednesday, reaching GBX 225.55 ($3.04). The company’s stock had a trading volume of 43,566,456 shares, compared to its average volume of 61,780,000. Vodafone Group has a 52-week low of GBX 186.50 ($2.51) and a 52-week high of GBX 233.90 ($3.15).

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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.

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Analyst Recommendations for Vodafone Group (LON:VOD)

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