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Haitong Securities announced Vodafone Group PLC (LON:VOD), upholding its stock price target at 220.00GBX today

In a report released on Friday September 23, 2016 Haitong Securities hold steady the stock price target of Vodafone Group PLC (LON:VOD) from 220.00GBX to 220.00GBX reporting a possible downside of -0.01%.

Previously on 9/20/2016, Macquarie reported on Vodafone Group PLC (LON:VOD) reduced the target price from 225.00GBX to 200.00GBX. At the time, this indicated a possible downside of -0.10%.

Just yesterday Vodafone Group PLC (LON:VOD) traded -0.92% lower at 221.13GBX. Vodafone Group PLC’s 50-day moving average is 229.06GBX and its 200-day moving average is 225.01GBX. The last closing price is down -1.58% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 13,373,358 shares of VOD traded hands, down from an average trading volume of 56,344,400

Recent Performance Chart

Vodafone Group PLC (LON:VOD)

Vodafone Group PLC has 52 week low of 197.70GBX and a 52 week high of 240.10GBX and has a market capitalization of 0 GBX.

In addition to Haitong Securities reporting its stock price target, a total of 23 brokers have issued a research note on the company. The average stock price target is 248.39GBX with 4 brokers rating the stock a strong buy, 14 brokers rating the stock a buy, 9 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Vodafone Group PLC (LON:VOD)

Vodafone Group Plc (Vodafone) is a telecommunications company. The Company's business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe. The Other Europe includes the Netherlands, Portugal, Greece, Hungary and Romania, among others. Its AMAP segment includes India, South Africa, Tanzania, Mozambique, Lesotho, Africa, Turkey, Australia, Egypt, Ghana, Kenya, New Zealand and Qatar, among others. The Company provides a range of services, including voice, messaging and data across mobile and fixed networks. The Company acquires spectrum and licenses to use radio frequencies that deliver mobile services. Its fixed capabilities include cable, fiber and copper networks to enable television, broadband and voice services.

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