Vodafone (VOD) Receives a Buy from Barclays
Barclays analyst Maurice Patrick maintained a Buy rating on Vodafone today and set a price target of £1.20.
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According to TipRanks, Patrick is a 4-star analyst with an average return of 5.5% and a 48.35% success rate. Patrick covers the Communication Services sector, focusing on stocks such as Vodafone, Liberty Global A, and Zegona Communications.
In addition to Barclays, Vodafone also received a Buy from Berenberg Bank’s Paul Sidney in a report issued on January 6. However, on January 13, UBS maintained a Sell rating on Vodafone (LSE: VOD).
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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