Vodafone Group plc (LON:VOD) has been assigned an average rating of “Buy” from the eighteen ratings firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is GBX 190.56 ($2.49).
VOD has been the topic of several research analyst reports. Deutsche Bank reaffirmed a “buy” rating on shares of Vodafone Group in a research report on Friday, January 11th. Macquarie set a GBX 125 ($1.63) price target on shares of Vodafone Group and gave the stock a “sell” rating in a research report on Monday, January 21st. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Vodafone Group in a research report on Monday, April 8th. Barclays reduced their price target on shares of Vodafone Group from GBX 205 ($2.68) to GBX 200 ($2.61) and set an “overweight” rating on the stock in a research report on Friday, April 5th. Finally, UBS Group reaffirmed a “buy” rating and set a GBX 215 ($2.81) price target (down previously from GBX 230 ($3.01)) on shares of Vodafone Group in a research report on Friday, February 8th.
In other Vodafone Group news, insider David Thomas Nish bought 20,000 shares of the business’s stock in a transaction on Wednesday, March 6th. The shares were purchased at an average price of GBX 132 ($1.72) per share, with a total value of £26,400 ($34,496.28).
Vodafone Group Company Profile
Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.
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