7 hours ago
Citi Keeps Their Hold Rating on Vodafone (VOD)
Citi analyst Carl Murdock Smith maintained a Hold rating on Vodafone (VOD – Research Report) today and set a price target of £0.70. The company's shares closed yesterday at p75.92.
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Murdock Smith covers the Communication Services sector, focusing on stocks such as Vodafone, BT Group plc, and Liberty Global A. According to TipRanks, Murdock Smith has an average return of 4.6% and a 55.42% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Vodafone with a p83.86 average price target, representing a 10.46% upside. In a report released on June 16, UBS also maintained a Hold rating on the stock with a £0.72 price target.
The company has a one-year high of p79.50 and a one-year low of p62.40. Currently, Vodafone has an average volume of 102.4M.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of VOD in relation to earlier this year.
