Goldman Sachs Group Inc. set a GBX 265 ($3.46) price objective on Vodafone Group plc (LON:VOD) in a research note published on Wednesday morning. The brokerage currently has a a neutral rating on the cell phone carrier’s stock.
A number of other equities research analysts also recently weighed in on VOD. Berenberg Bank reaffirmed a buy rating and set a GBX 250 ($3.26) price objective on shares of Vodafone Group plc in a research report on Thursday, June 2nd. Barclays PLC restated an overweight rating and issued a GBX 265 ($3.46) target price on shares of Vodafone Group plc in a research report on Monday, July 25th. Deutsche Bank AG restated a buy rating and issued a GBX 300 ($3.92) target price on shares of Vodafone Group plc in a research report on Wednesday, June 15th. Beaufort Securities restated a buy rating on shares of Vodafone Group plc in a research report on Tuesday, June 7th. Finally, HSBC set a GBX 245 ($3.20) target price on shares of Vodafone Group plc and gave the stock a buy rating in a research report on Monday, July 25th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have issued 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 224.90 on Wednesday. Vodafone Group plc has a 52 week low of GBX 197.70 and a 52 week high of GBX 240.10. The stock’s market capitalization is GBX 59.73 billion. The stock’s 50 day moving average is GBX 226.68 and its 200-day moving average is GBX 225.34.
In other news, insider Read,Nick sold 400,000 shares of the firm’s stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of GBX 235 ($3.07), for a total transaction of £940,000 ($1,226,993.87). Also, insider Schellekens,Ronald acquired 114 shares of Vodafone Group plc stock in a transaction dated Monday, September 12th. The shares were acquired at an average cost of GBX 221 ($2.88) per share, with a total value of £251.94 ($328.86).
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.
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.