Vodafone Group plc (VOD) Stock Rating Reaffirmed by BNP Paribas
Vodafone Group plc (LON:VOD)‘s stock had its “outperform” rating reaffirmed by equities researchers at BNP Paribas in a research report issued on Wednesday. They presently have a GBX 265 ($3.46) target price on the cell phone carrier’s stock. BNP Paribas’ price objective would indicate a potential upside of 19.10% from the company’s previous close.
Other equities research analysts also recently issued reports about the stock. HSBC set a GBX 245 ($3.20) target price on shares of Vodafone Group plc and gave the stock a “buy” rating in a research note on Monday, July 25th. Goldman Sachs Group Inc. set a GBX 260 ($3.39) target price on shares of Vodafone Group plc and gave the stock a “neutral” rating in a research note on Wednesday, June 29th. Beaufort Securities reaffirmed a “buy” rating on shares of Vodafone Group plc in a research note on Monday, June 13th. Barclays PLC upped their target price on shares of Vodafone Group plc from GBX 255 ($3.33) to GBX 265 ($3.46) and gave the stock an “overweight” rating in a research note on Wednesday, July 13th. Finally, Macquarie downgraded shares of Vodafone Group plc to a “neutral” rating and cut their target price for the stock from GBX 235 ($3.07) to GBX 225 ($2.94) in a research note on Monday, June 13th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have issued a buy rating to the stock. Vodafone Group plc currently has a consensus rating of “Hold” and a consensus target price of GBX 247.50 ($3.23).
Shares of Vodafone Group plc (LON:VOD) opened at 222.50 on Wednesday. The company has a 50-day moving average of GBX 227.50 and a 200-day moving average of GBX 225.20. The firm’s market capitalization is GBX 59.09 billion. Vodafone Group plc has a 1-year low of GBX 197.70 and a 1-year high of GBX 240.10.
In other Vodafone Group plc news, insider Schellekens,Ronald purchased 114 shares of Vodafone Group plc stock in a transaction on Monday, September 12th. The shares were purchased at an average cost of GBX 221 ($2.88) per share, with a total value of £251.94 ($328.86). Also, insider Read,Nick sold 400,000 shares of Vodafone Group plc stock in a transaction that occurred on Friday, July 22nd. The shares were sold at an average price of GBX 235 ($3.07), for a total transaction of £940,000 ($1,226,993.87).
About Vodafone Group plc
Vodafone Group Plc (Vodafone) is a mobile communications company which provides services to mobile voice, messaging, data and fixed line. The Company’s money transfer service, M-Pesa, enables people in emerging markets, to send and receive money through a mobile phone. The Company also has products such as international money transfer, savings and loans, salary disbursements and access to insurance products in different markets.
Receive News & Stock Ratings for Vodafone Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group plc and related stocks with our FREE daily email newsletter.