Analyst at Deutsche Bank Reconfirms The Vodafone Group PLC (LON:VOD) Buy Rating They’ve Had

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Vodafone Group PLC (LON:VOD) Rating Reaffirmed

The rating of Vodafone Group PLC (LON:VOD) shares were reconfirmed by research analysts at Deutsche Bank. This was disclosed to clients in a recent report on Wednesday, 16 December.

From a total of 22 analysts covering Vodafone Group PLC (LON:VOD) stock, 16 rate it a ”Buy”, 3 a “Sell”, and 9 a ”Hold”. This means that 57% of the ratings are positive. The highest target price is GBX 300 while the lowest target price is GBX 130. The mean of all analyst targets is GBX 243.73 with a 15.59% above today’s (GBX 213.5) stock price. Vodafone Group PLC was the topic of 80 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 16 with “Buy” rating. Barclays Capital maintained shares with “Overweight” rating and GBX 250 target share price in a report from a November 30. AlphaValue maintained VOD stock in a recent report from December 3 with “Add” rating. UBS maintained the rating on November 25. UBS has a “Buy” rating and a GBX 280 price target on shares. Finally, Nomura maintained the stock with “Buy” rating in a report issued on a December 1.

Approximately 14.09M shares of stock traded hands. Vodafone Group plc (LON:VOD) has declined 7.55% since May 19, 2015 and is downtrending. It has underperformed by 4.92% the S&P500.

Analyst at Deutsche Bank Reconfirms The Vodafone Group PLC (LON:VOD) Buy Rating They’ve Had

Vodafone Group Plc is a mobile communications firm which provides services to mobile voice, messaging, data and fixed line. The company has a market cap of 55.14 billion GBP. The Company’s money transfer service, M-Pesa, enables people in emerging markets, to send and receive money through a mobile phone. It currently has negative earnings. The Firm also has products such as international money transfer, savings and loans, salary disbursements and access to insurance products in different markets.

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.”

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