Citi Reaffirms Their Hold Rating on Vodafone (VOD)
Citi analyst Carl Murdock Smith maintained a Hold rating on Vodafone today and set a price target of £1.00.
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Murdock Smith covers the Communication Services sector, focusing on stocks such as Liberty Global A, Gamma Communications, and Vodafone. According to TipRanks, Murdock Smith has an average return of 4.2% and a 53.33% success rate on recommended stocks.
In addition to Citi, Vodafone also received a Hold from Morgan Stanley’s Emmet Kelly in a report issued on January 9. However, on January 16, Barclays maintained a Buy 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 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
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock.
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