HSBC Holdings PLC reiterated their hold rating on shares of Vodafone Group plc (LON:VOD) in a research report released on Wednesday morning. The brokerage currently has a GBX 230 ($3.03) price objective on the cell phone carrier’s stock.
Other research analysts have also issued reports about the company. Numis Securities Ltd reissued an add rating and issued a GBX 250 ($3.29) price objective on shares of Vodafone Group plc in a report on Wednesday, July 26th. Deutsche Bank AG reissued a buy rating and issued a GBX 300 ($3.95) price objective on shares of Vodafone Group plc in a report on Wednesday, August 9th. Goldman Sachs Group, Inc. (The) reissued a buy rating and issued a GBX 285 ($3.75) price objective on shares of Vodafone Group plc in a report on Monday, July 24th. UBS AG set a GBX 270 ($3.55) price objective on Vodafone Group plc and gave the company a buy rating in a report on Wednesday, July 19th. Finally, Jefferies Group LLC increased their price objective on Vodafone Group plc from GBX 232 ($3.05) to GBX 250 ($3.29) and gave the company a buy rating in a report on Monday, September 11th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of Hold and an average price target of GBX 246.33 ($3.24).
Shares of Vodafone Group plc (VOD) traded up GBX 0.10 ($0.00) during mid-day trading on Wednesday, hitting GBX 228.45 ($3.00). The stock had a trading volume of 61,578,203 shares, compared to its average volume of 62,070,000. Vodafone Group plc has a fifty-two week low of GBX 186.50 ($2.45) and a fifty-two week high of GBX 233.90 ($3.08).
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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