Vodafone Group plc (LON:VOD)‘s stock had its “outperform” rating reiterated by research analysts at Credit Suisse Group AG in a report issued on Wednesday. They currently have a GBX 225 ($2.90) target price on the cell phone carrier’s stock. Credit Suisse Group AG’s price target suggests a potential upside of 2.20% from the stock’s previous close.
VOD has been the topic of a number of other research reports. Deutsche Bank AG reissued a “buy” rating and issued a GBX 285 ($3.68) price target on shares of Vodafone Group plc in a research note on Friday, February 3rd. Goldman Sachs Group Inc set a GBX 270 ($3.49) price target on Vodafone Group plc and gave the company a “buy” rating in a research note on Monday, April 3rd. Barclays PLC set a GBX 225 ($2.90) price target on Vodafone Group plc and gave the company a “buy” rating in a research note on Tuesday, March 21st. HSBC Holdings plc cut their price target on Vodafone Group plc from GBX 240 ($3.10) to GBX 220 ($2.84) and set a “buy” rating on the stock in a research note on Monday, February 20th. Finally, Macquarie set a GBX 170 ($2.19) price target on Vodafone Group plc and gave the company a “sell” rating in a research note on Thursday, March 9th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 239.95 ($3.10).
Vodafone Group plc (LON:VOD) opened at 219.60 on Wednesday. The stock’s market cap is GBX 61.29 billion. Vodafone Group plc has a one year low of GBX 186.50 and a one year high of GBX 240.10. The stock’s 50 day moving average price is GBX 205.74 and its 200-day moving average price is GBX 203.54.
The company also recently announced a dividend, which will be paid on Friday, August 4th. Investors of record on Thursday, June 8th will be paid a €0.10 ($0.11) dividend. The ex-dividend date is Thursday, June 8th. This represents a yield of 4.05%.
ILLEGAL ACTIVITY NOTICE: This report was first posted by Ticker Report and is owned by of Ticker Report. If you are accessing this report on another website, it was stolen and reposted in violation of U.S. and international trademark & copyright legislation. The legal version of this report can be accessed at https://www.tickerreport.com/banking-finance/2566180/vodafone-group-plc-vod-stock-rating-reaffirmed-by-credit-suisse-group-ag.html.
In related news, insider Ronald Schellekens sold 400,000 shares of the firm’s stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of GBX 201 ($2.59), for a total value of £804,000 ($1,037,821.09).
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.
Receive News & Ratings for Vodafone Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group plc and related companies with MarketBeat.com's FREE daily email newsletter.