Vodafone (VOD) was upgraded to a Buy Rating at Berenberg Bank
In a report released yesterday, Paul Sidney from Berenberg Bank upgraded Vodafone to a Buy, with a price target of £1.19. The company’s shares closed yesterday at p100.50.
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According to TipRanks, Sidney is ranked #4241 out of 10149 analysts.
Vodafone has an analyst consensus of Hold, with a price target consensus of p94.20.
Based on Vodafone’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of p16.82 billion and a net profit of p711.24 million. In comparison, last year the company earned a revenue of p18.28 billion and had a net profit of p1.06 billion
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock.
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