Vodafone Group Public (LON:VOD – Free Report) had its price objective decreased by JPMorgan Chase & Co. from GBX 92 ($1.13) to GBX 89 ($1.09) in a research note published on Wednesday, Digital Look reports. JPMorgan Chase & Co. currently has a neutral rating on the cell phone carrier’s stock.
Other equities analysts also recently issued research reports about the stock. Citigroup started coverage on shares of Vodafone Group Public in a research note on Thursday, October 5th. They set a neutral rating for the company. Barclays reissued an equal weight rating and issued a GBX 95 ($1.17) target price on shares of Vodafone Group Public in a report on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock has an average rating of Hold and an average price target of GBX 108.90 ($1.34).
Vodafone Group Public Trading Up 2.5 %
Vodafone Group Public Announces Dividend
The firm also recently declared a dividend, which will be paid on Friday, February 2nd. Stockholders of record on Thursday, November 23rd will be paid a dividend of €0.05 ($0.05) per share. This represents a dividend yield of 5.07%. The ex-dividend date of this dividend is Thursday, November 23rd. Vodafone Group Public’s dividend payout ratio is presently 2,424.24%.
Vodafone Group Public Company Profile
Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.
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