J.P. Morgan Reaffirms Their Sell Rating on Vodafone (VOD)
J.P. Morgan analyst Akhil Dattani maintained a Sell rating on Vodafone today and set a price target of £0.85.
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According to TipRanks, Dattani is a 4-star analyst with an average return of 4.3% and a 56.46% success rate. Dattani covers the Communication Services sector, focusing on stocks such as Deutsche Telekom, Vodafone, and ORANGE SA.
Vodafone has an analyst consensus of Hold, with a price target consensus of p105.30.
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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