November 30, 2016 - By Richard Conner
Macquarie currently has a GBX 190.00 price target on the 52.11B GBP market cap company or -1.98% downside potential. In a research report revealed to investors on Wednesday morning, Vodafone Group PLC (LON:VOD) stock had its “Neutral” Rating reaffirmed by equity analysts at Macquarie.
Out of 26 analysts covering Vodafone Group PLC (LON:VOD), 17 rate it a “Buy”, 2 “Sell”, while 7 “Hold”. This means 65% are positive. GBX 310 is the highest target while GBX 130 is the lowest. The GBX 247.29 average target is 27.24% above today’s (GBX 194.35) stock price. Vodafone Group PLC has been the topic of 216 analyst reports since July 22, 2015 according to StockzIntelligence Inc. Oddo & Cie maintained it with “Buy” rating and GBX 240 target price in Friday, September 18 report. Macquarie Research upgraded it to “Outperform” rating and GBX 235 target price in Monday, October 19 report. Beaufort Securities maintained the stock with “Buy” rating in Monday, September 26 report. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, July 20 report. The rating was maintained by Nomura with “Outperform” on Wednesday, October 7. The stock of Vodafone Group plc (LON:VOD) earned “Overweight” rating by Morgan Stanley on Friday, January 29. The company was maintained on Thursday, June 30 by JP Morgan. The firm earned “Hold” rating on Monday, November 2 by Jefferies. Macquarie Research downgraded the shares of VOD in a report on Monday, June 13 to “Neutral” rating. The rating was maintained by RBC Capital Markets on Tuesday, January 19 with “Outperform”.
About 21.34 million shares traded hands. Vodafone Group plc (LON:VOD) has declined 11.92% since May 3, 2016 and is downtrending. It has underperformed by 17.15% the S&P500.
Vodafone Group Plc is a telecommunications company. The company has a market cap of 52.12 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. Wsj.com‘s article titled: “Vodafone CEO: Facebook Needs ‘to Grow Up’ on Fake News, Offensive Content” and published on November 15, 2016 is yet another important article.
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