Vodafone Group plc (LON:VOD)‘s stock had its “outperform” rating reaffirmed by investment analysts at BNP Paribas in a research note issued on Wednesday. They currently have a GBX 265 ($3.23) target price on the cell phone carrier’s stock. BNP Paribas’ price target would indicate a potential upside of 17.18% from the stock’s previous close.
VOD has been the topic of a number of other reports. Credit Suisse Group AG reiterated an “outperform” rating and issued a GBX 240 ($2.93) target price on shares of Vodafone Group plc in a research note on Wednesday, August 10th. Barclays PLC reiterated an “overweight” rating and issued a GBX 265 ($3.23) target price on shares of Vodafone Group plc in a research note on Friday, August 26th. Citigroup Inc. cut shares of Vodafone Group plc to a “neutral” rating and boosted their target price for the company from GBX 240 ($2.93) to GBX 245 ($2.99) in a research note on Tuesday, July 12th. Haitong Bank reiterated a “neutral” rating and issued a GBX 210 ($2.56) target price on shares of Vodafone Group plc in a research note on Thursday, August 25th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a GBX 300 ($3.66) target price on shares of Vodafone Group plc in a research note on Friday, June 24th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of GBX 248.52 ($3.03).
Shares of Vodafone Group plc (LON:VOD) opened at 224.15 on Wednesday. The firm’s market cap is GBX 59.53 billion. Vodafone Group plc has a 52-week low of GBX 197.70 and a 52-week high of GBX 240.10. The company’s 50 day moving average is GBX 223.91 and its 200 day moving average is GBX 225.74.
In other Vodafone Group plc news, insider Read,Nick sold 400,000 shares of the stock in a transaction on Friday, July 22nd. The shares were sold at an average price of GBX 235 ($2.86), for a total transaction of £940,000 ($1,145,642.90). Also, insider Schellekens,Ronald purchased 114 shares of the company’s stock in a transaction on Monday, September 12th. The shares were purchased at an average cost of GBX 221 ($2.69) per share, with a total value of £251.94 ($307.06).
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.