Vodafone (LON:VOD) received a GBX 205 ($2.83) target price from stock analysts at Sanford C. Bernstein in a report released on Friday, March 9th. The firm presently has a “neutral” rating on the cell phone carrier’s stock. Sanford C. Bernstein’s price objective would indicate a potential upside of 5.55% from the stock’s current price.
Several other brokerages have also recently issued reports on VOD. UBS set a GBX 285 ($3.94) target price on Vodafone and gave the company a “buy” rating in a report on Thursday, January 4th. Credit Suisse Group restated an “outperform” rating and issued a GBX 175 ($2.42) target price on shares of Vodafone in a report on Wednesday, January 3rd. Numis Securities restated an “add” rating and issued a GBX 270 ($3.73) target price on shares of Vodafone in a report on Wednesday, December 13th. Barclays restated an “overweight” rating and issued a GBX 280 ($3.87) target price on shares of Vodafone in a report on Monday, December 18th. Finally, Goldman Sachs upped their target price on Vodafone from GBX 300 ($4.14) to GBX 305 ($4.21) and gave the company a “conviction-buy” rating in a report on Wednesday, November 15th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of GBX 251.10 ($3.47).
LON VOD remained flat at $GBX 194.22 ($2.68) during mid-day trading on Friday. Vodafone has a fifty-two week low of GBX 197.45 ($2.73) and a fifty-two week high of GBX 239.65 ($3.31).
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Vodafone Company Profile
Vodafone Group Plc operates as a telecommunications company worldwide. The company offers voice, messaging, and data services across mobile and fixed networks; broadband and TV services; cloud and hosting for storing data and applications in the cloud, as well as Internet protocol-virtual private network services; roaming services; and converged communication services to small businesses and large multinational companies.
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