JPMorgan Chase & Co. reiterated their overweight rating on shares of Vodafone Group plc (LON:VOD) in a research note published on Monday. They currently have a GBX 300 ($3.92) price target on the cell phone carrier’s stock.
VOD has been the topic of several other reports. Beaufort Securities reiterated a buy rating on shares of Vodafone Group plc in a research note on Tuesday, June 7th. Haitong Bank reiterated a neutral rating and set a GBX 210 ($2.74) target price on shares of Vodafone Group plc in a research note on Tuesday, June 7th. Jefferies Group reiterated a buy rating and set a GBX 265 ($3.46) target price on shares of Vodafone Group plc in a research note on Thursday, June 9th. Macquarie downgraded Vodafone Group plc to a neutral rating and cut their target price for the company from GBX 235 ($3.07) to GBX 225 ($2.94) in a research note on Monday, June 13th. Finally, Deutsche Bank AG reiterated a buy rating and set a GBX 300 ($3.92) target price on shares of Vodafone Group plc in a research note on Wednesday, June 15th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have given a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of GBX 247.50 ($3.23).
Vodafone Group plc (LON:VOD) traded up 1.65% during mid-day trading on Monday, hitting GBX 228.60. The company had a trading volume of 34,449,025 shares. Vodafone Group plc has a 52 week low of GBX 197.70 and a 52 week high of GBX 240.10. The firm’s 50 day moving average is GBX 226.68 and its 200 day moving average is GBX 225.34. The company’s market capitalization is GBX 60.71 billion.
In related news, insider Read,Nick sold 400,000 shares of the business’s stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of GBX 235 ($3.07), for a total value of £940,000 ($1,226,993.87). Also, insider Schellekens,Ronald purchased 114 shares of the stock in a transaction that occurred on Monday, September 12th. The stock was purchased at an average price of GBX 221 ($2.88) per share, with a total value of £251.94 ($328.86).
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.
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