BNP Paribas Boosts Vodafone (LON:VOD) Price Target to GBX 245

Doris Richards
April 12, 2018

TRADEMARK VIOLATION NOTICE: "BNP Paribas Boosts Vodafone (LON:VOD) Price Target to GBX 245" was first published by Macon Daily and is owned by of Macon Daily. (PEGA) stock confirmed the flow of 0.98% with the final price of $61.70. The shares price displayed -9.98% return during the recent quarter while it has presented performance of 4.77% over the past six months. The share last price represents downtick move of -10.20% in value from company's 52-Week high price and shows 14.75% above change in value from its 52-Week low price. The current analyst consensus rating clocked at 3.2.The technical indicator does not lead us to believe the stock will see more gains/loss anytime soon. Moving averages can be very helpful for identifying peaks and troughs. The company now has a consensus rating of Buy and a consensus target price of GBX 250.35 ($3.54). The moving average is used to observe price changes. The degree to which a PEG ratio value indicates an over or underpriced stock varies by industry and by company type; though a broad rule of thumb is that a PEG ratio below one is desirable. As well, when a moving average crosses below a longer-term moving average, the study indicates a down turn in the market. The price target set for the stock is $36.52, and this sets up an impressive set of potential movement for the stock. The price target of a stock is the price at which the stock is fairly valued with respect to its historical and projected earnings. Berenberg Bank reiterated a buy rating and set a GBX 253 ($3.58) target price on shares of Vodafone in a report on Wednesday, February 28th. Analysts' mean recommendation for the stock is 1.00 (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The ideal time to buy a stock is usually when it is trading at a substantial discount to its target price.

The Company has 2654.03 million shares outstanding and 2654.03 million shares were floated in market. The stock's market capitalization is GBX 53.79 billion. The Vodafone Group Plc has 2.65B shares outstanding with 0.2% insider ownership. VOD moved 1.59% to 29.41.

Vodafone Group Plc operates as a telecommunications company worldwide. The company exchanged hands with 2863462 shares contrast to its average daily volume of 3.71M shares while its relative volume stands at 0.77. This is something that Investors should look for in all the stocks they are trading and is an important indicator to keep tabs on. VOD maintained activity of relative volume at 0.77. These guidelines do not hold true in all situations, but they are a good general aid in trading decisions. Checking in on some other technical levels, the 14-day RSI is now at 64.77. The Company's beta coefficient sits at 0.84. After a recent check, Vodafone Group Plc stock is found to be 1.24% volatile for the week, while 1.35% volatility recorded for the month with ATR of 0.47. The stock now has Monthly Volatility of 1.35% and Weekly Volatility of 1.24%. The company presently has a consensus rating of "Buy" and an average target price of GBX 251.10 ($3.47). Beta factor measures the amount of market risk associated with market trade.

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