Vodafone Group plc (VOD) Given a GBX 255 Price Target by Sanford C. Bernstein Analysts

Sanford C. Bernstein set a GBX 255 ($3.23) target price on Vodafone Group plc (LON:VOD) in a research report released on Tuesday, May 16th. The firm currently has a neutral rating on the cell phone carrier’s stock.

Several other equities research analysts have also commented on VOD. Berenberg Bank restated a buy rating and set a GBX 250 ($3.16) price target on shares of Vodafone Group plc in a research note on Monday, January 16th. HSBC Holdings plc lowered Vodafone Group plc from a buy rating to a hold rating and set a GBX 240 ($3.04) price target for the company. in a research note on Monday, January 16th. S&P Global Inc. set a GBX 240 ($3.04) price target on Vodafone Group plc and gave the stock a neutral rating in a research note on Monday, January 16th. Bank of America Corporation reaffirmed a neutral rating and issued a GBX 236 ($2.99) target price on shares of Vodafone Group plc in a research report on Wednesday, January 25th. Finally, Deutsche Bank AG decreased their target price on Vodafone Group plc from GBX 300 ($3.80) to GBX 285 ($3.61) and set a buy rating for the company in a research report on Friday, January 27th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have assigned a buy rating to the company. Vodafone Group plc currently has an average rating of Hold and a consensus price target of GBX 241.95 ($3.06).

Shares of Vodafone Group plc (LON VOD) opened at 222.55 on Tuesday. The company’s market capitalization is GBX 59.25 billion. Vodafone Group plc has a 12-month low of GBX 186.50 and a 12-month high of GBX 240.10. The company has a 50 day moving average price of GBX 218.54 and a 200 day moving average price of GBX 206.07.

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The business also recently announced a dividend, which will be paid on Friday, August 4th. Shareholders of record on Thursday, June 8th will be issued a dividend of €0.10 ($0.11) per share. The ex-dividend date of this dividend is Thursday, June 8th. This represents a yield of 4.05%.

Vodafone Group plc Company Profile

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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