Vodafone Group plc’s (VOD) “Neutral” Rating Reaffirmed at Goldman Sachs Group Inc.
Goldman Sachs Group Inc. reaffirmed their neutral rating on shares of Vodafone Group plc (LON:VOD) in a research report report published on Wednesday. Goldman Sachs Group Inc. currently has a GBX 275 ($3.40) target price on the cell phone carrier’s stock.
Several other research analysts also recently commented on the stock. Societe Generale reiterated a sell rating and issued a GBX 155 ($1.92) target price on shares of Vodafone Group plc in a report on Monday. Beaufort Securities reiterated a buy rating on shares of Vodafone Group plc in a report on Monday. HSBC dropped their target price on shares of Vodafone Group plc from GBX 280 ($3.47) to GBX 270 ($3.34) and set a buy rating on the stock in a report on Sunday. BNP Paribas restated an outperform rating and set a GBX 265 ($3.28) price objective on shares of Vodafone Group plc in a report on Thursday, October 6th. Finally, JPMorgan Chase & Co. set a GBX 295 ($3.65) price objective on shares of Vodafone Group plc and gave the stock a buy rating in a report on Wednesday, October 5th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of GBX 248.30 ($3.07).
Vodafone Group plc (LON:VOD) opened at 222.70 on Wednesday. The company’s market cap is GBX 59.15 billion. Vodafone Group plc has a one year low of GBX 197.70 and a one year high of GBX 240.10. The firm has a 50-day moving average of GBX 224.60 and a 200-day moving average of GBX 225.55.
In other news, insider Schellekens,Ronald purchased 114 shares of the stock in a transaction on Monday, September 12th. The stock was purchased at an average price of GBX 221 ($2.74) per share, for a total transaction of £251.94 ($311.81). Also, insider Read,Nick sold 400,000 shares of the firm’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).
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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