Vodafone Group’s (VOD) “Outperform” Rating Reiterated at Royal Bank Of Canada
Royal Bank Of Canada restated their outperform rating on shares of Vodafone Group (LON:VOD) in a report issued on Monday morning. The firm currently has a GBX 270 ($3.63) price objective on the cell phone carrier’s stock.
A number of other research firms have also weighed in on VOD. Deutsche Bank restated a buy rating and issued a GBX 300 ($4.04) target price on shares of Vodafone Group in a report on Wednesday, August 9th. restated a hold rating and issued a GBX 230 ($3.10) target price on shares of Vodafone Group in a report on Wednesday, October 18th. Beaufort Securities restated a buy rating and issued a GBX 260 ($3.50) target price on shares of Vodafone Group in a report on Tuesday, November 14th. HSBC restated a hold rating and issued a GBX 230 ($3.10) target price on shares of Vodafone Group in a report on Wednesday, November 15th. Finally, Credit Suisse Group raised their target price on Vodafone Group from GBX 240 ($3.23) to GBX 250 ($3.36) and gave the company an outperform rating in a report on Monday, August 7th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of GBX 246.75 ($3.32).
Vodafone Group (LON:VOD) opened at GBX 227.45 ($3.06) on Monday. Vodafone Group has a fifty-two week low of GBX 186.50 ($2.51) and a fifty-two week high of GBX 233.90 ($3.15).
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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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