Vodafone Group (LON:VOD) received a GBX 205 ($2.83) target price from investment analysts at Sanford C. Bernstein in a research note issued on Friday. The brokerage presently has a “neutral” rating on the cell phone carrier’s stock. Sanford C. Bernstein’s price objective would suggest a potential downside of 0.97% from the stock’s previous close.
A number of other equities research analysts have also recently commented on VOD. Numis Securities reaffirmed an “add” rating and set a GBX 270 ($3.73) price objective on shares of Vodafone Group in a research note on Thursday, February 1st. Deutsche Bank reaffirmed a “buy” rating and set a GBX 315 ($4.35) price objective on shares of Vodafone Group in a research note on Friday, February 2nd. Berenberg Bank reaffirmed a “buy” rating and set a GBX 253 ($3.50) price objective on shares of Vodafone Group in a research note on Wednesday, February 28th. Goldman Sachs Group raised their price objective on shares of Vodafone Group from GBX 300 ($4.14) to GBX 305 ($4.21) and gave the stock a “conviction-buy” rating in a research note on Wednesday, November 15th. Finally, Macquarie reaffirmed an “underperform” rating and set a GBX 214 ($2.96) price objective on shares of Vodafone Group in a research note on Monday, February 5th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the company. Vodafone Group presently has an average rating of “Buy” and an average target price of GBX 252.35 ($3.49).
Vodafone Group (LON VOD) opened at GBX 207 ($2.86) on Friday. Vodafone Group has a fifty-two week low of GBX 197.45 ($2.73) and a fifty-two week high of GBX 239.65 ($3.31). The firm has a market cap of $55,120.00 and a P/E ratio of -6,900.00.
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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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