Vodafone Group (LON:VOD) Given a GBX 207 Price Target by UBS Group Analysts

UBS Group set a GBX 207 ($2.70) target price on Vodafone Group (LON:VOD) in a report issued on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the cell phone carrier’s stock.

A number of other analysts also recently issued reports on VOD. Credit Suisse Group dropped their price target on shares of Vodafone Group from GBX 210 ($2.74) to GBX 190 ($2.48) and set an outperform rating on the stock in a report on Wednesday, May 15th. Numis Securities reaffirmed a buy rating on shares of Vodafone Group in a report on Wednesday, May 15th. Deutsche Bank reaffirmed a buy rating and set a GBX 250 ($3.27) price target on shares of Vodafone Group in a report on Tuesday. Barclays dropped their price target on shares of Vodafone Group from GBX 205 ($2.68) to GBX 200 ($2.61) and set an overweight rating on the stock in a report on Friday, April 5th. Finally, Citigroup reaffirmed a buy rating on shares of Vodafone Group in a report on Friday, February 22nd. Two analysts have rated the stock with a sell rating, one has issued a hold rating and fifteen have assigned a buy rating to the stock. The company has an average rating of Buy and a consensus price target of GBX 186.50 ($2.44).

Shares of LON VOD opened at GBX 128.56 ($1.68) on Thursday. The company has a current ratio of 1.55, a quick ratio of 1.39 and a debt-to-equity ratio of 90.23. The stock has a market cap of $34.36 billion and a PE ratio of -4.56. Vodafone Group has a 52-week low of GBX 122.22 ($1.60) and a 52-week high of GBX 191.56 ($2.50).

The company also recently announced a dividend, which will be paid on Friday, August 2nd. Shareholders of record on Thursday, June 6th will be issued a €0.04 ($0.05) dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a yield of 3.6%. Vodafone Group’s dividend payout ratio is presently -0.28%.

Vodafone Group Company Profile

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

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Analyst Recommendations for Vodafone Group (LON:VOD)

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