November 23, 2016 - By Louis Casey
London: In an analyst note released on Wednesday, 23 November, Deutsche Bank restate their Buy rating on shares of Vodafone Group PLC (LON:VOD). They currently have a GBX 295.00 TP on the firm. Deutsche Bank’s target indicates a potential upside of 45.50% from the company’s stock close price.
Out of 26 analysts covering Vodafone Group PLC (LON:VOD), 18 rate it a “Buy”, 2 “Sell”, while 6 “Hold”. This means 69% are positive. GBX 310 is the highest target while GBX 130 is the lowest. The GBX 248.75 average target is 22.75% above today’s (GBX 202.65) stock price. Vodafone Group PLC has been the topic of 214 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock of Vodafone Group plc (LON:VOD) has “Buy” rating given on Thursday, July 23 by Citigroup. JP Morgan maintained the shares of VOD in a report on Thursday, June 30 with “Overweight” rating. The firm has “Outperform” rating given on Wednesday, October 7 by Nomura. The stock of Vodafone Group plc (LON:VOD) has “Buy” rating given on Thursday, January 7 by UBS. Beaufort Securities maintained the shares of VOD in a report on Friday, February 5 with “Buy” rating. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, January 26. The rating was maintained by UBS with “Buy” on Wednesday, November 25. The rating was maintained by Oddo & Cie with “Buy” on Friday, September 18. HSBC maintained the stock with “Buy” rating in Friday, October 7 report. As per Monday, March 7, the company rating was maintained by Barclays Capital.
About 9.89M shares traded hands. Vodafone Group plc (LON:VOD) has declined 10.43% since April 26, 2016 and is downtrending. It has underperformed by 15.76% the S&P500.
Vodafone Group Plc is a telecommunications company. The company has a market cap of 54.22 billion GBP. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). It currently has negative earnings. The Company’s divisions include Europe and AMAP.
According to Zacks Investment Research, “Vodafone AirTouch Plc is the world’s largest international mobile communications firm. Their primary operation is in digital and analog cellular telephone networks of Vodafone.”
Vodafone Group Plc (Vodafone), incorporated on July 17, 1984, is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). The Company’s divisions include Europe and AMAP. The Company’s Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe. The Other Europe includes the Netherlands, Portugal, Greece, Hungary and Romania, among others. The Company’s AMAP segment includes India, South Africa, Tanzania, Mozambique, Lesotho, Africa, Turkey, Australia, Egypt, Ghana, Kenya, New Zealand and Qatar, among others. The Firm provides a range of services, including voice, messaging and data across mobile and fixed networks.
More news for Vodafone Group plc (LON:VOD) were recently published by: Profitconfidential.com, which released: “Vodafone Group PLC: This Report Is Sending VOD Stock Plunging” on November 15, 2016. Fool.Co.Uk‘s article titled: “Will the Vodafone Group plc share price ever be worth more than £2?” and published on November 23, 2016 is yet another important article.
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By Louis Casey