Brokerages Set Vodafone Group Plc (VOD) PT at $246.95

Vodafone Group Plc (LON:VOD) has received a consensus rating of “Hold” from the twenty-four analysts that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 247.96 ($3.34).

VOD has been the subject of a number of research reports. Credit Suisse Group lifted their price objective on Vodafone Group from GBX 240 ($3.23) to GBX 250 ($3.36) and gave the stock an “outperform” rating in a research report on Monday, August 7th. Deutsche Bank reiterated a “buy” rating and issued a GBX 300 ($4.04) price objective on shares of Vodafone Group in a research report on Wednesday, August 9th. Barclays reiterated an “equal weight” rating and issued a GBX 225 ($3.03) price objective on shares of Vodafone Group in a research report on Tuesday, August 15th. Goldman Sachs Group set a GBX 285 ($3.84) price objective on Vodafone Group and gave the stock a “buy” rating in a research report on Thursday, August 24th. Finally, J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 275 ($3.70) price objective on shares of Vodafone Group in a research report on Thursday, August 24th.

Shares of Vodafone Group (LON:VOD) traded down £221.74 ($298.44) during mid-day trading on Friday, reaching GBX 225.55 ($3.04). The company had a trading volume of 43,566,456 shares, compared to its average volume of 61,780,000. Vodafone Group has a 1 year low of GBX 186.50 ($2.51) and a 1 year 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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