Vodafone Group plc (VOD) Receives “Outperform” Rating from Credit Suisse Group AG
Vodafone Group plc (LON:VOD)‘s stock had its “outperform” rating reiterated by equities research analysts at Credit Suisse Group AG in a research report issued on Thursday.
Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. set a GBX 295 ($3.65) price objective on Vodafone Group plc and gave the stock a “buy” rating in a research note on Wednesday. Goldman Sachs Group Inc. restated a “neutral” rating and set a GBX 275 ($3.40) price objective on shares of Vodafone Group plc in a research note on Wednesday. Societe Generale restated a “sell” rating and set a GBX 155 ($1.92) price objective on shares of Vodafone Group plc in a research note on Monday. Beaufort Securities restated a “buy” rating on shares of Vodafone Group plc in a research note on Monday. Finally, HSBC reduced their price objective on Vodafone Group plc from GBX 280 ($3.47) to GBX 270 ($3.34) and set a “buy” rating on the stock in a research note on Sunday. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 248.30 ($3.07).
Vodafone Group plc (LON:VOD) opened at 223.65 on Thursday. The firm’s market capitalization is GBX 59.40 billion. The firm has a 50-day moving average of GBX 224.60 and a 200 day moving average of GBX 225.55. Vodafone Group plc has a 52 week low of GBX 197.70 and a 52 week high of GBX 240.10.
In other news, insider Read,Nick sold 400,000 shares of the company’s stock in a transaction that occurred on Friday, July 22nd. The stock was 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 purchased 114 shares of the business’s stock in a transaction dated 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).
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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