Citi Sticks to Its Hold Rating for Vodafone (VOD)
In a report released on April 15, Carl Murdock Smith from Citi maintained a Hold rating on Vodafone, with a price target of £1.15. The company’s shares closed yesterday at p116.05.
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According to TipRanks, Murdock Smith is a 3-star analyst with an average return of 3.3% and a 53.26% success rate.
The word on The Street in general, suggests a Hold analyst consensus rating for Vodafone with a p107.20 average price target.
Based on Vodafone’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of p19.3 billion and a net profit of p816 million. In comparison, last year the company earned a revenue of p18.28 billion and had a net profit of p1.06 billion
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