Vodafone Group plc (VOD) Stock Rating Reaffirmed by Goldman Sachs
Vodafone Group plc (LON:VOD)‘s stock had its “neutral” rating restated by investment analysts at Goldman Sachs in a research report issued on Thursday, MarketBeat reports. They currently have a GBX 246 ($3.51) target price on the cell phone carrier’s stock. Goldman Sachs’ price target points to a potential upside of 12.95% from the stock’s current price.
VOD has been the subject of several other research reports. Deutsche Bank reaffirmed a “buy” rating and issued a GBX 280 ($3.99) target price on shares of Vodafone Group plc in a research note on Tuesday, January 12th. JPMorgan Chase & Co. lowered their target price on shares of Vodafone Group plc from GBX 270 ($3.85) to GBX 265 ($3.78) and set an “overweight” rating for the company in a research note on Wednesday, November 11th. Haitong Securities reaffirmed a “neutral” rating and issued a GBX 210 ($3.00) target price on shares of Vodafone Group plc in a research note on Monday, January 18th. Grupo Santander reaffirmed a “hold” rating and issued a GBX 240 ($3.42) target price on shares of Vodafone Group plc in a research note on Tuesday, November 10th. Finally, AlphaValue reaffirmed an “add” rating and issued a GBX 246 ($3.51) target price on shares of Vodafone Group plc in a research note on Thursday, December 3rd. Five research analysts have rated the stock with a sell rating, nine have issued a hold rating and fifteen have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 236.85 ($3.38).
Vodafone Group plc (LON:VOD) opened at 218.6500 on Thursday. The stock’s 50 day moving average is GBX 215.74 and its 200-day moving average is GBX 221.81. The company’s market cap is GBX 58.01 billion. Vodafone Group plc has a 12-month low of GBX 201.25 and a 12-month high of GBX 258.00.
The firm also recently announced a dividend, which will be paid on Wednesday, February 3rd. Investors of record on Thursday, November 19th will be given a dividend of GBX 3.68 ($0.05) per share. The ex-dividend date is Thursday, November 19th. This represents a yield of 1.65%.
Vodafone Group Plc (LON:VOD) is a mobile communications company which provides services to mobile voice, messaging, data and fixed line. The Company’s money transfer service, M-Pesa, enables people in emerging markets, to send and receive money through a mobile phone. The Company also has products such as international money transfer, savings and loans, salary disbursements and access to insurance products in different markets. Vodafone Red offers consumers and businesses a package with mobile data allowances, unlimited calls and texts, plus cloud and back-up services to secure personal data. Vodafone Cloud allows customers to store their personal digital content, such as contacts, photos and videos in the Vodafone network and to access it on the move from any connected device. Vodafone OneNet integrates landlines and mobiles providing a communication solution. Vodafone Secure Device Manager gives customer a way to manage many of their smart devices.
Receive News & Ratings for Vodafone Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group plc and related companies with MarketBeat.com's FREE daily email newsletter.






