Vodafone Group Public’s (VOD) “Overweight” Rating Reaffirmed at JPMorgan Chase & Co.

Vodafone Group Public (LON:VODGet Rating)‘s stock had its “overweight” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a research note issued to investors on Monday, LSE.Co.UK reports. They currently have a GBX 170 ($2.10) price objective on the cell phone carrier’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 40.24% from the company’s current price.

A number of other brokerages have also recently commented on VOD. Citigroup reiterated a “buy” rating and issued a GBX 170 ($2.10) target price on shares of Vodafone Group Public in a report on Tuesday, February 8th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Vodafone Group Public from GBX 230 ($2.84) to GBX 225 ($2.77) and set a “buy” rating for the company in a research note on Friday, April 1st. UBS Group set a GBX 147 ($1.81) target price on shares of Vodafone Group Public in a research note on Wednesday, April 27th. Morgan Stanley reaffirmed an “overweight” rating on shares of Vodafone Group Public in a research note on Wednesday, May 11th. Finally, Barclays set a GBX 155 ($1.91) price objective on shares of Vodafone Group Public in a research report on Wednesday, May 11th. One analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 169.43 ($2.09).

VOD opened at GBX 121.22 ($1.49) on Monday. The stock has a 50-day moving average of GBX 125.13 and a 200 day moving average of GBX 121.71. The company has a current ratio of 0.91, a quick ratio of 0.84 and a debt-to-equity ratio of 125.83. Vodafone Group Public has a 12 month low of GBX 105 ($1.29) and a 12 month high of GBX 142.30 ($1.75). The firm has a market cap of £34.24 billion and a P/E ratio of -242.44.

Vodafone Group Public Company Profile (Get Rating)

Vodafone Group Public Limited Company engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers.

Recommended Stories

Analyst Recommendations for Vodafone Group Public (LON:VOD)

Receive News & Ratings for Vodafone Group Public Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group Public and related companies with MarketBeat.com's FREE daily email newsletter.