Vodafone Group plc (LON:VOD)‘s stock had its “buy” rating reaffirmed by equities research analysts at Beaufort Securities in a report released on Monday.
A number of other brokerages have also issued reports on VOD. Goldman Sachs Group Inc. reiterated a “neutral” rating and issued a GBX 265 ($3.28) price target on shares of Vodafone Group plc in a report on Thursday, September 22nd. Haitong Bank reissued a “neutral” rating and issued a GBX 210 ($2.60) price objective on shares of Vodafone Group plc in a research note on Friday, July 22nd. HSBC reduced their price objective on shares of Vodafone Group plc from GBX 280 ($3.47) to GBX 270 ($3.34) and set a “buy” rating for the company in a research note on Sunday. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 240 ($2.97) price objective on shares of Vodafone Group plc in a research note on Wednesday, July 13th. Finally, Deutsche Bank AG reissued a “buy” rating and issued a GBX 310 ($3.84) price objective on shares of Vodafone Group plc in a research note on Tuesday, July 26th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have issued a buy rating to the stock. Vodafone Group plc has an average rating of “Hold” and a consensus price target of GBX 247.87 ($3.07).
Vodafone Group plc (LON:VOD) opened at 225.65 on Monday. The stock has a 50 day moving average price of GBX 225.10 and a 200-day moving average price of GBX 225.62. Vodafone Group plc has a 1-year low of GBX 197.70 and a 1-year high of GBX 240.10. The stock’s market capitalization is GBX 59.93 billion.
In other Vodafone Group plc news, insider Schellekens,Ronald acquired 114 shares of the business’s stock in a transaction on Monday, September 12th. The stock was bought at an average price of GBX 221 ($2.74) per share, for a total transaction of £251.94 ($311.81). Also, insider Read,Nick sold 400,000 shares of the stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of GBX 235 ($2.91), for a total transaction of £940,000 ($1,163,366.34).
Vodafone Group plc Company Profile
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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