Vodafone Group plc’s (VOD) Equal Weight Rating Reiterated at Barclays PLC
Barclays PLC restated their equal weight rating on shares of Vodafone Group plc (LON:VOD) in a research note published on Monday, July 24th, Marketbeat.com reports. The firm currently has a GBX 225 ($2.92) price target on the cell phone carrier’s stock.
Other research analysts also recently issued research reports about the company. Goldman Sachs Group, Inc. (The) set a GBX 280 ($3.63) price target on Vodafone Group plc and gave the stock a buy rating in a research note on Thursday, May 25th. UBS AG set a GBX 270 ($3.51) target price on shares of Vodafone Group plc and gave the company a buy rating in a research note on Wednesday, July 5th. Numis Securities Ltd assumed coverage on shares of Vodafone Group plc in a research note on Friday, July 14th. They issued an add rating and a GBX 250 ($3.25) target price for the company. HSBC Holdings plc reissued a hold rating and issued a GBX 225 ($2.92) target price on shares of Vodafone Group plc in a research note on Wednesday, April 12th. Finally, Macquarie reissued an underperform rating and issued a GBX 219 ($2.84) target price (up previously from GBX 170 ($2.21)) on shares of Vodafone Group plc in a research note on Wednesday, May 17th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 245.13 ($3.18).
Vodafone Group plc (VOD) traded down 0.45% during trading on Monday, reaching GBX 219.05. 38,292,141 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of GBX 221.09 and a 200 day moving average price of GBX 212.40. The firm’s market capitalization is GBX 58.32 billion. Vodafone Group plc has a 52 week low of GBX 186.50 and a 52 week high of GBX 237.55.
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In other news, insider Nick Read sold 574,525 shares of the firm’s stock in a transaction dated Monday, June 26th. The stock was sold at an average price of GBX 224 ($2.91), for a total transaction of £1,286,936 ($1,670,694.53). Also, insider Vivek Badrinath acquired 246,071 shares of the business’s stock in a transaction that occurred on Friday, August 4th. The stock was bought at an average cost of GBX 225 ($2.92) per share, for a total transaction of £553,659.75 ($718,758.60).
Vodafone Group plc Company Profile
Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.
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