Breaking: Argus Reiterates $30 Price Objective On Vodafone Group (NASDAQ:VOD) Shares, Reiterates Their Original “Buy” Rating

June 13, 2018 - By Ellis Scott

Vodafone Group Plc (NASDAQ:VOD) Logo

Vodafone Group (NASDAQ:VOD) Rating Reaffirmed

In an analyst report revealed to investors and clients on 13 June, The “Buy” rating of Vodafone Group (NASDAQ:VOD) shares was reaffirmed by Analysts at Argus, who now has a $30 TP on the stock. Argus’s TP would indicate a possible upside of 21.51 % from the last close price of the company.

Vodafone Group Plc (NASDAQ:VOD) Ratings Coverage

Among 3 analysts covering Vodafone (NASDAQ:VOD), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Vodafone had 5 analyst reports since January 17, 2018 according to SRatingsIntel. Bank of America maintained Vodafone Group Plc (NASDAQ:VOD) on Wednesday, May 16 with “Buy” rating. The company was upgraded on Wednesday, April 4 by Citigroup. As per Thursday, May 17, the company rating was downgraded by Citigroup. On Wednesday, January 17 the stock rating was upgraded by Raymond James to “Buy”.

The stock decreased 2.26% or $0.57 during the last trading session, reaching $24.69. About 7.31 million shares traded or 103.38% up from the average. Vodafone Group Plc (NASDAQ:VOD) has declined 12.54% since June 13, 2017 and is downtrending. It has underperformed by 25.11% the S&P500.

Vodafone Group Plc operates as a telecommunications firm worldwide. The company has market cap of $65.99 billion. The firm offers voice, messaging, and data services across mobile and fixed networks; broadband and TV services; cloud and hosting for storing data and applications in the cloud, as well as Internet protocol-virtual private network services; roaming services; and converged communication services to small businesses and large multinational companies. It currently has negative earnings. It also provides M-Pesa, a mobile money service; GigaKombi; GigaTV, an advanced digital TV service; and Vodafone One, an integrated fixed, mobile, and TV service.

More notable recent Vodafone Group Plc (NASDAQ:VOD) news were published by: Benzinga.com which released: “10 Biggest Price Target Changes For Wednesday” on June 13, 2018, also Seekingalpha.com with their article: “Why The Negativity Over Vodafone?” published on May 23, 2018, Seekingalpha.com published: “Vodafone NZ CEO Stanners exiting role” on June 11, 2018. More interesting news about Vodafone Group Plc (NASDAQ:VOD) were released by: 247Wallst.com and their article: “H&R Block, Avon Products Dive Wednesday’s 52-Week Low Club” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “45 ‘Safer’ Dividend Nasdaq Equities For June” with publication date: June 11, 2018.

Vodafone Group Plc (NASDAQ:VOD) Ratings Chart

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