Nomura Reaffirms Buy Rating on Vodafone (VOD)
Shares of Vodafone traded down 0.15% during mid-day trading on Thursday, hitting $26.14. Vodafone has a one year low of $24.31 and a one year high of $29.28. The company has a market cap of $133.7 billion and a P/E ratio of 12.01.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase (NYSE: JPM) initiated coverage on shares of Vodafone in a research note to investors on Thursday. They set an “overweight” rating on the stock. Separately, analysts at Davenport downgraded shares of Vodafone from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, April 3rd. They now have a $30.00 price target on the stock. Finally, analysts at Goldman Sachs (NYSE: GS) upgraded shares of Vodafone to a “buy” rating in a research note to investors on Tuesday, March 20th.
Vodafone Group Plc (Vodafone) is a mobile communications company operating across the globe providing a range of communications services.