Vodafone Group plc (LON:VOD)‘s stock had its “outperform” rating reiterated by equities research analysts at BNP Paribas in a report issued on Wednesday. They currently have a GBX 265 ($3.46) price target on the cell phone carrier’s stock. BNP Paribas’ target price indicates a potential upside of 19.88% from the stock’s previous close.
VOD has been the topic of a number of other reports. Barclays PLC restated an “overweight” rating and issued a GBX 265 ($3.46) price target on shares of Vodafone Group plc in a research report on Friday, August 26th. Deutsche Bank AG restated a “buy” rating and issued a GBX 310 ($4.05) price target on shares of Vodafone Group plc in a research report on Tuesday, September 6th. Macquarie decreased their price target on shares of Vodafone Group plc from GBX 225 ($2.94) to GBX 200 ($2.61) and set a “neutral” rating on the stock in a research report on Tuesday, September 20th. Haitong Bank restated a “neutral” rating and issued a GBX 210 ($2.74) price target on shares of Vodafone Group plc in a research report on Thursday, August 25th. Finally, Independent Research GmbH set a GBX 210 ($2.74) price target on shares of Vodafone Group plc and gave the stock a “neutral” rating in a research report on Friday, June 24th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 247.50 ($3.23).
Vodafone Group plc (LON:VOD) opened at 221.95 on Wednesday. The company’s market cap is GBX 58.95 billion. Vodafone Group plc has a 52-week low of GBX 197.70 and a 52-week high of GBX 240.10. The firm has a 50-day moving average of GBX 228.24 and a 200 day moving average of GBX 225.23.
In other news, insider Schellekens,Ronald acquired 114 shares of Vodafone Group plc stock in a transaction on Monday, September 12th. The shares were purchased at an average cost of GBX 221 ($2.88) per share, for a total transaction of £251.94 ($328.86). Also, insider Read,Nick sold 400,000 shares of the stock in a transaction dated Friday, July 22nd. The stock was sold at an average price of GBX 235 ($3.07), for a total transaction of £940,000 ($1,226,993.87).
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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