Noteworthy Rating Filing: Vodafone Group PLC (LON:VOD) Neutral Rating Reconfirmed at Macquarie; The Price Objective is Set to GBX 190.00

November 24, 2016 - By Marguerite Chambers

Vodafone Group PLC (LON:VOD) Rating

In an analyst report sent to clients and investors on today, Macquarie reiterated their Neutral rating on Vodafone Group PLC (LON:VOD)‘s stock. The PT indicates a potential downside of -3.68% from company’s last stock close.

Vodafone Group plc (LON:VOD) Ratings Coverage

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 25.44% above today’s (GBX 198.3) stock price. Vodafone Group PLC has been the topic of 214 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained Vodafone Group plc (LON:VOD) on Friday, November 6 with “Buy” rating. The stock of Vodafone Group plc (LON:VOD) earned “Outperform” rating by Credit Suisse on Monday, October 19. Jefferies maintained Vodafone Group plc (LON:VOD) on Monday, May 16 with “Buy” rating. On Thursday, September 3 the stock rating was maintained by Berenberg with “Buy”. The stock of Vodafone Group plc (LON:VOD) has “Buy” rating given on Wednesday, November 25 by UBS. The stock of Vodafone Group plc (LON:VOD) earned “Buy” rating by Berenberg on Friday, March 11. The firm earned “Neutral/Neutral” rating on Tuesday, October 20 by Goldman Sachs. The rating was maintained by RBC Capital Markets on Tuesday, February 16 with “Outperform”. The rating was maintained by BNP Paribas with “Outperform” on Thursday, January 21. Goldman Sachs maintained it with “Neutral” rating and GBX 275 target price in Wednesday, October 12 report.

About 20.45 million shares traded hands. Vodafone Group plc (LON:VOD) has declined 10.78% since April 27, 2016 and is downtrending. It has underperformed by 16.19% the S&P500.

Vodafone Group Plc is a telecommunications company. The company has a market cap of 53.05 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.”

VOD Company Profile

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.

Another recent and important Vodafone Group plc (LON:VOD) news was published by Profitconfidential.com which published an article titled: “Vodafone Group PLC: This Report Is Sending VOD Stock Plunging” on November 15, 2016.

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