Barclays upgraded shares of Vodafone Group (LON:VOD) to an overweight rating in a research report sent to investors on Friday, December 8th. Barclays currently has GBX 280 ($3.74) price target on the cell phone carrier’s stock, up from their prior price target of GBX 230 ($3.08).
Several other research analysts also recently weighed in on VOD. Goldman Sachs Group set a GBX 285 ($3.81) target price on Vodafone Group and gave the company a buy rating in a research note on Thursday, August 24th. JPMorgan Chase & Co. restated an overweight rating and issued a GBX 275 ($3.68) price target on shares of Vodafone Group in a research note on Thursday, August 24th. Deutsche Bank restated a buy rating and issued a GBX 300 ($4.01) price target on shares of Vodafone Group in a research note on Thursday, August 24th. Macquarie restated an underperform rating on shares of Vodafone Group in a research note on Monday, September 4th. Finally, set a GBX 230 ($3.08) price target on Vodafone Group and gave the company a neutral rating in a research note on Thursday, September 7th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of GBX 249.67 ($3.34).
Shares of Vodafone Group (LON:VOD) traded down GBX 1.20 ($0.02) during mid-day trading on Friday, hitting GBX 233.80 ($3.13). The company’s stock had a trading volume of 28,134,880 shares, compared to its average volume of 43,230,000. Vodafone Group has a one year low of GBX 186.50 ($2.49) and a one year high of GBX 237.40 ($3.17). The stock has a market cap of $62,590.00 and a P/E ratio of -7,793.33.
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.
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