Brokerages Set Vodafone Group Plc (VOD) Price Target at $31.96

Shares of Vodafone Group Plc (NASDAQ:VOD) have received an average recommendation of “Buy” from the fourteen analysts that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $31.96.

A number of analysts recently weighed in on VOD shares. Barclays raised shares of Vodafone Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, December 8th. BidaskClub raised shares of Vodafone Group from a “hold” rating to a “buy” rating in a research note on Tuesday, January 9th. Zacks Investment Research cut shares of Vodafone Group from a “buy” rating to a “hold” rating in a research note on Sunday, January 21st. BNP Paribas raised shares of Vodafone Group from a “neutral” rating to an “outperform” rating and lowered their target price for the company from $28.67 to $28.56 in a research note on Wednesday, March 7th. Finally, Bank of America reissued a “buy” rating and issued a $37.26 target price on shares of Vodafone Group in a research note on Monday, February 5th.

How to Become a New Pot Stock Millionaire

A number of institutional investors have recently modified their holdings of VOD. ACR Alpine Capital Research LLC bought a new stake in Vodafone Group during the fourth quarter worth about $122,059,000. Two Sigma Investments LP lifted its position in shares of Vodafone Group by 256.5% during the fourth quarter. Two Sigma Investments LP now owns 2,330,252 shares of the cell phone carrier’s stock worth $74,335,000 after purchasing an additional 1,676,535 shares in the last quarter. Miller Howard Investments Inc. NY lifted its position in shares of Vodafone Group by 58.2% during the fourth quarter. Miller Howard Investments Inc. NY now owns 3,900,428 shares of the cell phone carrier’s stock worth $124,424,000 after purchasing an additional 1,434,846 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of Vodafone Group by 4.6% during the fourth quarter. Fisher Asset Management LLC now owns 25,957,027 shares of the cell phone carrier’s stock worth $828,029,000 after purchasing an additional 1,132,546 shares in the last quarter. Finally, Schafer Cullen Capital Management Inc. lifted its position in shares of Vodafone Group by 69.9% during the fourth quarter. Schafer Cullen Capital Management Inc. now owns 2,100,744 shares of the cell phone carrier’s stock worth $67,014,000 after purchasing an additional 864,320 shares in the last quarter. 10.91% of the stock is currently owned by hedge funds and other institutional investors.

VOD stock traded up $0.05 during midday trading on Wednesday, reaching $27.41. 3,845,907 shares of the company were exchanged, compared to its average volume of 2,786,811. Vodafone Group has a twelve month low of $25.54 and a twelve month high of $32.75. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.46.

ILLEGAL ACTIVITY NOTICE: “Brokerages Set Vodafone Group Plc (VOD) Price Target at $31.96” was originally published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of international copyright & trademark laws. The original version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3297321/brokerages-set-vodafone-group-plc-vod-price-target-at-31-96.html.

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.

Analyst Recommendations for Vodafone Group (NASDAQ:VOD)

Receive News & Ratings for Vodafone Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Somewhat Favorable News Coverage Somewhat Unlikely to Affect Nuveen Energy MLP Total  Stock Price
Somewhat Favorable News Coverage Somewhat Unlikely to Affect Nuveen Energy MLP Total Stock Price
Brokerages Set Community Health Systems  Price Target at $5.79
Brokerages Set Community Health Systems Price Target at $5.79
Synovus  Expected to Post Earnings of $0.78 Per Share
Synovus Expected to Post Earnings of $0.78 Per Share
T2 Biosystems  Receives $5.94 Average PT from Brokerages
T2 Biosystems Receives $5.94 Average PT from Brokerages
Yescoin Price Up 5.1% This Week
Yescoin Price Up 5.1% This Week
RaiBlocks Trading Up 39.6% Over Last Week
RaiBlocks Trading Up 39.6% Over Last Week


© 2006-2018 Ticker Report. Google+.