BNP Paribas restated their outperform rating on shares of Vodafone Group plc (LON:VOD) in a research note released on Thursday morning. The firm currently has a GBX 265 ($3.28) price objective on the cell phone carrier’s stock.
Several other research firms also recently issued reports on VOD. JPMorgan Chase & Co. set a GBX 300 ($3.71) price objective on Vodafone Group plc and gave the stock a buy rating in a report on Monday, July 11th. Goldman Sachs Group Inc. set a GBX 260 ($3.22) price objective on Vodafone Group plc and gave the stock a neutral rating in a report on Wednesday, June 29th. Credit Suisse Group AG restated an outperform rating and set a GBX 240 ($2.97) price objective on shares of Vodafone Group plc in a report on Wednesday, August 10th. Deutsche Bank AG restated a buy rating on shares of Vodafone Group plc in a report on Tuesday, September 13th. Finally, Independent Research GmbH set a GBX 240 ($2.97) price objective on Vodafone Group plc and gave the stock a neutral rating in a report on Wednesday, July 27th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have given a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of GBX 247.87 ($3.07).
Shares of Vodafone Group plc (LON:VOD) opened at 225.7162 on Thursday. Vodafone Group plc has a 1-year low of GBX 197.70 and a 1-year high of GBX 240.10. The stock’s 50 day moving average price is GBX 225.07 and its 200 day moving average price is GBX 225.56. The stock’s market cap is GBX 59.95 billion.
In related news, insider Schellekens,Ronald purchased 114 shares of the firm’s stock in a transaction dated 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 company’s stock in a transaction dated Friday, July 22nd. The stock was sold at an average price of GBX 235 ($2.91), for a total value of £940,000 ($1,163,366.34).
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.
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.