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HSBC announced Vodafone Group PLC (LON:VOD), dropping its stock price target to 270.00GBX today

Yesterday Vodafone Group PLC (LON:VOD) traded -1.36% lower at 222.65GBX. Vodafone Group PLC’s 50-day average is 226.13GBX and its two hundred day average is 225.40GBX. With the last close down -1.51% from the 200-day moving average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 9,698,177 shares of Vodafone Group PLC exchanged hands, down from an avg. volume of 52,547,100

In a report released on Friday October 07, 2016 HSBC reduced the stock price target of Vodafone Group PLC (LON:VOD) from 280.00GBX to 270.00GBX reporting a possible upside of 0.21%.

Previously on 10/06/2016, Exane BNP Paribas released a statement about Vodafone Group PLC (LON:VOD) held steady the target price at 265.00GBX. At the time, this indicated a possible upside of 0.19%.

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 cap of 0 GBX.

In addition to HSBC reporting its target price, a total of 23 brokers have issued a report on the stock. The consensus target price 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.

General Information About 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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