Vodafone Group plc (VOD) Given Buy Rating at Beaufort Securities
Other equities research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. set a GBX 300 ($3.71) target price on shares of Vodafone Group plc and gave the stock a buy rating in a research report on Monday, July 11th. Deutsche Bank AG reaffirmed a buy rating and set a GBX 300 ($3.71) price target on shares of Vodafone Group plc in a research report on Friday, June 24th. HSBC raised shares of Vodafone Group plc to a buy rating and lifted their price target for the company from GBX 157 ($1.94) to GBX 175 ($2.17) in a research report on Thursday, June 23rd. Jefferies Group reduced their price target on shares of Vodafone Group plc from GBX 265 ($3.28) to GBX 245 ($3.03) and set a buy rating on the stock in a research report on Tuesday, June 21st. Finally, Citigroup Inc. set a GBX 240 ($2.97) price target on shares of Vodafone Group plc and gave the company a buy rating in a research report on Monday, June 27th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 247.87 ($3.07).
Vodafone Group plc (LON:VOD) opened at 226.45 on Monday. The stock has a 50 day moving average of GBX 225.07 and a 200 day moving average of GBX 225.56. Vodafone Group plc has a one year low of GBX 197.70 and a one year high of GBX 240.10. The firm’s market capitalization is GBX 60.14 billion.
In other Vodafone Group plc news, insider Read,Nick sold 400,000 shares of the business’s stock in a transaction on Friday, July 22nd. The shares were sold at an average price of GBX 235 ($2.91), for a total transaction of £940,000 ($1,163,366.34). Also, insider Schellekens,Ronald bought 114 shares of the stock in a transaction on Monday, September 12th. The shares were acquired at an average price of GBX 221 ($2.74) per share, with a total value of £251.94 ($311.81).
Vodafone Group plc Company Profile
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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