4 days ago
Deutsche Bank Sticks to Its Buy Rating for Vodafone (VOD)
In a report released yesterday, Robert Grindle from Deutsche Bank maintained a Buy rating on Vodafone (VOD – Research Report), with a price target of £1.30. The company's shares closed last Friday at p76.88.
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Grindle covers the Communication Services sector, focusing on stocks such as Vodafone, Deutsche Telekom, and BT Group plc. According to TipRanks, Grindle has an average return of 3.4% and a 57.32% success rate on recommended stocks.
In addition to Deutsche Bank , Vodafone also received a Buy from DZ BANK AG's Matthias Volkert in a report issued on May 20. However, on the same day, J.P. Morgan maintained a Sell rating on Vodafone (LSE: VOD).
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 101.5M.
Based on the recent corporate insider activity of 43 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.
