Vodafone Group’s (VOD) Overweight Rating Reaffirmed at Barclays

Vodafone Group (LON:VOD)‘s stock had its “overweight” rating restated by investment analysts at Barclays in a report issued on Monday, December 18th. They presently have a GBX 280 ($3.80) price objective on the cell phone carrier’s stock. Barclays’ target price would indicate a potential upside of 22.57% from the company’s current price.

Several other analysts also recently commented on VOD. UBS Group set a GBX 280 ($3.80) price objective on Vodafone Group and gave the stock a “buy” rating in a research note on Tuesday, September 19th. Numis Securities reaffirmed an “add” rating and set a GBX 250 ($3.39) price target on shares of Vodafone Group in a research report on Monday, October 2nd. set a GBX 230 ($3.12) price target on Vodafone Group and gave the company a “neutral” rating in a research report on Thursday, September 7th. Sanford C. Bernstein set a GBX 265 ($3.59) price objective on Vodafone Group and gave the company a “buy” rating in a report on Tuesday, November 14th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 275 ($3.73) price objective on shares of Vodafone Group in a report on Tuesday, September 12th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of GBX 246.96 ($3.35).

Shares of Vodafone Group (LON:VOD) traded down GBX 4.15 ($0.06) during trading on Monday, hitting GBX 228.45 ($3.10). The stock had a trading volume of 76,140,000 shares, compared to its average volume of 43,490,000. The stock has a market capitalization of $61,140.00 and a P/E ratio of -7,615.00. Vodafone Group has a 12-month low of GBX 186.50 ($2.53) and a 12-month high of GBX 239.65 ($3.25).

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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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