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Vodafone Group plc 59.3% Potential Upside Indicated by Bank of America Merrill Lynch

Vodafone Group plc with EPIC/TICKER (LON:VOD) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Bank of America Merrill Lynch. Vodafone Group plc are listed in the Telecommunications sector within UK Main Market. Bank of America Merrill Lynch have set their target price at 230 GBX on its stock. This indicates the analyst now believes there is a potential upside of 59.3% from today’s opening price of 144.42 GBX. Over the last 30 and 90 trading days the company share price has decreased 20.82 points and decreased 17.04 points respectively. The 1 year high share price is 169.46 GBX while the 52 week low for the share price is 122.22 GBX.

Vodafone Group plc has a 50 day moving average of 158.87 GBX and a 200 Day Moving Average share price is recorded at 146.69. There are currently 26,770,843,653 shares in issue with the average daily volume traded being 87,767,668. Market capitalisation for LON:VOD is £38,881,974,792 GBP.