Goldman Sachs Group, Inc. (The) Analysts Give Vodafone Group plc (VOD) a GBX 285 Price Target
Goldman Sachs Group, Inc. (The) set a GBX 285 ($3.70) target price on Vodafone Group plc (LON:VOD) in a report released on Thursday morning. The firm currently has a buy rating on the cell phone carrier’s stock.
Several other research firms have also weighed in on VOD. J P Morgan Chase & Co reissued an overweight rating and issued a GBX 275 ($3.57) price objective on shares of Vodafone Group plc in a research report on Monday, July 24th. Berenberg Bank lifted their price objective on Vodafone Group plc from GBX 250 ($3.25) to GBX 259 ($3.36) and gave the stock a buy rating in a research report on Monday, June 12th. Barclays PLC reissued an equal weight rating and issued a GBX 225 ($2.92) price objective on shares of Vodafone Group plc in a research report on Friday, July 7th. Deutsche Bank AG reissued a buy rating and issued a GBX 300 ($3.89) price objective on shares of Vodafone Group plc in a research report on Wednesday, August 9th. Finally, BNP Paribas reissued a neutral rating and issued a GBX 235 ($3.05) price objective on shares of Vodafone Group plc in a research report on Tuesday, July 18th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 245.13 ($3.18).
Shares of Vodafone Group plc (VOD) opened at 219.60 on Thursday. Vodafone Group plc has a 12 month low of GBX 186.50 and a 12 month high of GBX 235.50. The firm’s 50-day moving average price is GBX 221.46 and its 200-day moving average price is GBX 213.45. The firm’s market capitalization is GBX 58.46 billion.
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In other news, insider Vivek Badrinath acquired 246,071 shares of the company’s stock in a transaction that occurred on Friday, August 4th. The shares were acquired at an average price of GBX 225 ($2.92) per share, for a total transaction of £553,659.75 ($718,758.60). Also, insider Nick Read sold 574,525 shares of the company’s stock in a transaction that occurred on Monday, June 26th. The shares were sold at an average price of GBX 224 ($2.91), for a total value of £1,286,936 ($1,670,694.53).
About Vodafone Group plc
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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