According to an update released by analysts at Exane BNP Paribas the broker has now set a ‘Outperform’ rating on shares of Vodafone Group PLC (LON:VOD) with a price target of 265.
Exane BNP Paribas on Wednesday reiterated Vodafone Group PLC’s analyst rating as ‘Outperform’ with its price target of 265 highlighting a potential increase of 18.33% from Vodafone Group PLC’s current price of 223.95.
Over the last twelve months Vodafone Group PLC’s stock price has increased from 198.08 to 223.95, a change of 13.06%.
Vodafone Group PLC has 26,558,570,000 shares in issue which have a share price of 223.95 giving Vodafone Group PLC a market capitalisation of 59.48B GBp.
The company has a 50 day moving average of 223.91 and a 200 day moving average of 225.74. The 52 week high shares of Vodafone Group PLC have reached is 240.1 whilst the 52 week low for the company’s shares is 197.7.
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.