Vodafone Group plc (VOD) Rating Reiterated by Barclays PLC
Vodafone Group plc (LON:VOD)‘s stock had its “overweight” rating reissued by research analysts at Barclays PLC in a research report issued on Wednesday. They currently have a GBX 260 ($3.25) target price on the cell phone carrier’s stock. Barclays PLC’s price target would indicate a potential upside of 26.61% from the stock’s current price.
A number of other analysts also recently weighed in on VOD. S&P Global Inc. set a GBX 240 ($3.00) price target on shares of Vodafone Group plc and gave the stock a “buy” rating in a research report on Tuesday. BNP Paribas reissued an “outperform” rating and set a GBX 265 ($3.31) price target on shares of Vodafone Group plc in a research report on Thursday, September 15th. HSBC set a GBX 245 ($3.06) price target on shares of Vodafone Group plc and gave the stock a “buy” rating in a research report on Monday, July 25th. Beaufort Securities reaffirmed a “buy” rating on shares of Vodafone Group plc in a report on Monday, October 10th. Finally, Morgan Stanley reiterated an “overweight” rating and set a GBX 280 ($3.50) target price on shares of Vodafone Group plc in a research note on Tuesday, July 19th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and fourteen have assigned a buy rating to the stock. Vodafone Group plc presently has a consensus rating of “Hold” and an average price target of GBX 247.13 ($3.09).
Vodafone Group plc (LON:VOD) opened at 205.35 on Wednesday. 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 cap is GBX 54.54 billion. The firm’s 50-day moving average is GBX 219.97 and its 200-day moving average is GBX 224.43.
In other Vodafone Group plc news, insider Valerie Gooding acquired 16,970 shares of Vodafone Group plc stock in a transaction dated Tuesday, November 15th. The stock was bought at an average cost 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 Vodafone Group plc 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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