Citigroup Reiterates Buy Rating for Vodafone Group (VOD)

Vodafone Group (LON:VOD)‘s stock had its “buy” rating reiterated by equities research analysts at Citigroup in a research report issued on Monday, February 4th.

A number of other equities analysts also recently commented on the company. Royal Bank of Canada set a GBX 125 ($1.63) price objective on Vodafone Group and gave the stock a “sell” rating in a report on Tuesday, January 29th. Credit Suisse Group lowered their price target on Vodafone Group from GBX 225 ($2.94) to GBX 210 ($2.74) and set an “outperform” rating on the stock in a report on Monday, January 28th. Kepler Capital Markets upgraded Vodafone Group from a “reduce” rating to a “buy” rating and lowered their price target for the company from GBX 180 ($2.35) to GBX 160 ($2.09) in a report on Monday, January 28th. Deutsche Bank reiterated a “buy” rating on shares of Vodafone Group in a report on Monday, January 28th. Finally, Barclays lowered their price objective on shares of Vodafone Group from GBX 215 ($2.81) to GBX 205 ($2.68) and set an “overweight” rating on the stock in a research note on Monday, January 28th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the company’s stock. Vodafone Group has an average rating of “Buy” and a consensus target price of GBX 197.21 ($2.58).

LON:VOD traded down GBX 0.04 ($0.00) during mid-day trading on Monday, reaching GBX 134.24 ($1.75). The stock had a trading volume of 65,877,121 shares, compared to its average volume of 61,020,000. Vodafone Group has a fifty-two week low of GBX 197.45 ($2.58) and a fifty-two week high of GBX 239.65 ($3.13).

About Vodafone Group

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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