Vodafone Group (VOD) Given Buy Rating at Berenberg Bank

Vodafone Group (LON:VOD)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a research report issued on Wednesday, February 28th. They currently have a GBX 253 ($3.50) price target on the cell phone carrier’s stock. Berenberg Bank’s price objective would suggest a potential upside of 24.79% from the company’s current price.

A number of other analysts have also recently commented on the stock. Numis Securities restated an “add” rating and issued a GBX 270 ($3.73) price objective on shares of Vodafone Group in a research report on Thursday, February 1st. Barclays reaffirmed an “overweight” rating and issued a GBX 280 ($3.87) target price on shares of Vodafone Group in a research note on Friday, February 2nd. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 275 ($3.80) price objective on shares of Vodafone Group in a research note on Friday, November 10th. Goldman Sachs Group reiterated a “conviction-buy” rating and issued a GBX 305 ($4.21) target price on shares of Vodafone Group in a research note on Tuesday, December 12th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a GBX 270 ($3.73) price target on shares of Vodafone Group in a report on Friday, January 26th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 252.35 ($3.49).

Vodafone Group (LON VOD) traded down GBX 0.15 ($0.00) during mid-day trading on Wednesday, reaching GBX 202.75 ($2.80). 59,057,329 shares of the company traded hands, compared to its average volume of 63,870,000. The company has a market cap of $54,120.00 and a PE ratio of -6,758.21. Vodafone Group has a 1 year low of GBX 197.45 ($2.73) and a 1 year high of GBX 239.65 ($3.31).

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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.

Analyst Recommendations for Vodafone Group (LON:VOD)

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