Vodafone Group plc (LON:VOD) has been given a GBX 240 ($3.00) target price by equities researchers at S&P Global Inc. in a research note issued on Tuesday. The brokerage currently has a a “buy” rating on the cell phone carrier’s stock. S&P Global Inc.’s target price suggests a potential upside of 18.23% from the stock’s current price.

Other analysts have also recently issued reports about the company. Deutsche Bank AG reissued a “buy” rating and issued a GBX 310 ($3.87) price target on shares of Vodafone Group plc in a report on Tuesday. HSBC set a GBX 245 ($3.06) price target on Vodafone Group plc and gave the company a “buy” rating in a report on Monday, July 25th. Barclays PLC reissued an “overweight” rating and issued a GBX 265 ($3.31) price target on shares of Vodafone Group plc in a report on Monday, July 25th. Haitong Bank reissued a “neutral” rating and issued a GBX 220 ($2.75) price target on shares of Vodafone Group plc in a report on Friday, September 23rd. Finally, Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 240 ($3.00) price target on shares of Vodafone Group plc in a report on Wednesday, August 10th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and fourteen have issued a buy rating to the company. Vodafone Group plc presently has a consensus rating of “Hold” and an average price target of GBX 247.13 ($3.09).

Analyst Recommendations for Vodafone Group plc (LON:VOD)

Shares of Vodafone Group plc (LON:VOD) opened at 203.00 on Tuesday. Vodafone Group plc has a 12 month low of GBX 197.70 and a 12 month high of GBX 240.10. The stock’s market capitalization is GBX 53.91 billion. The company’s 50 day moving average price is GBX 220.40 and its 200 day moving average price is GBX 224.56.

In other Vodafone Group plc news, insider Valerie Gooding acquired 16,970 shares of the stock in a transaction dated Tuesday, November 15th. The stock was acquired at an average price of GBX 206 ($2.57) per share, with a total value of £34,958.20 ($43,675.91). Also, insider Schellekens,Ronald acquired 114 shares of the stock in a transaction dated Monday, September 12th. The stock was acquired at an average cost of GBX 221 ($2.76) per share, with a total value of £251.94 ($314.77).

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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