Analysts Set Vodafone Group plc (VOD) Price Target at $247.87
Shares of Vodafone Group plc (LON:VOD) have been assigned a consensus rating of “Hold” from the twenty-five research firms that are currently covering the firm. Two analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and thirteen have given a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is GBX 248.30 ($3.07).
VOD has been the topic of several research reports. Barclays PLC reissued an “overweight” rating and set a GBX 265 ($3.28) price objective on shares of Vodafone Group plc in a report on Friday, August 26th. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 310 ($3.84) price target on shares of Vodafone Group plc in a report on Tuesday, September 6th. Macquarie cut their price target on shares of Vodafone Group plc from GBX 225 ($2.78) to GBX 200 ($2.48) and set a “neutral” rating on the stock in a report on Tuesday, September 20th. BNP Paribas reaffirmed an “outperform” rating and issued a GBX 265 ($3.28) price target on shares of Vodafone Group plc in a report on Thursday, October 6th. Finally, Goldman Sachs Group Inc. set a GBX 265 ($3.28) price target on shares of Vodafone Group plc and gave the stock a “neutral” rating in a report on Tuesday, October 4th.
In other news, insider Read,Nick sold 400,000 shares of the firm’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 value of £940,000 ($1,163,366.34). Also, insider Schellekens,Ronald acquired 114 shares of Vodafone Group plc stock in a transaction dated 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).
Vodafone Group plc (LON:VOD) opened at 223.90 on Tuesday. The company’s market capitalization is GBX 59.46 billion. Vodafone Group plc has a one year low of GBX 197.70 and a one year high of GBX 240.10. The company has a 50-day moving average price of GBX 224.52 and a 200-day moving average price of GBX 225.59.
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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