Goldman Sachs Group Inc. set a GBX 265 ($3.46) price objective on Vodafone Group plc (LON:VOD) in a research note released on Tuesday morning. The brokerage currently has a a neutral rating on the cell phone carrier’s stock.

VOD has been the topic of a number of other reports. Beaufort Securities restated a buy rating on shares of Vodafone Group plc in a research note on Tuesday, June 7th. Haitong Bank restated a neutral rating and issued a GBX 210 ($2.74) price objective on shares of Vodafone Group plc in a research note on Tuesday, June 7th. Jefferies Group restated a buy rating and issued a GBX 265 ($3.46) price objective on shares of Vodafone Group plc in a research note on Thursday, June 9th. Macquarie lowered shares of Vodafone Group plc to a neutral rating and dropped their price objective for the company from GBX 235 ($3.07) to GBX 225 ($2.94) in a research note on Monday, June 13th. Finally, Deutsche Bank AG reiterated a buy rating and set a GBX 300 ($3.92) price target on shares of Vodafone Group plc in a research note on Wednesday, June 15th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have given a buy rating to the company. Vodafone Group plc has an average rating of Hold and a consensus price target of GBX 247.29 ($3.23).

Vodafone Group plc (LON:VOD) opened at 225.55 on Tuesday. The firm’s market capitalization is GBX 59.90 billion. The stock’s 50 day moving average price is GBX 226.53 and its 200-day moving average price is GBX 225.34. Vodafone Group plc has a 12 month low of GBX 197.70 and a 12 month high of GBX 240.10.

In other Vodafone Group plc news, insider Read,Nick sold 400,000 shares of Vodafone Group plc stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of GBX 235 ($3.07), for a total value of £940,000 ($1,226,993.87). Also, insider Schellekens,Ronald bought 114 shares of the stock in a transaction on Monday, September 12th. The stock was acquired at an average price of GBX 221 ($2.88) per share, with a total value of £251.94 ($328.86).

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.

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