Vodafone Group plc (LON:VOD)‘s stock had its “buy” rating reaffirmed by investment analysts at Beaufort Securities in a report released on Monday.
Several other research analysts also recently weighed in on VOD. Haitong Bank restated a “neutral” rating and set a GBX 210 ($2.74) price objective on shares of Vodafone Group plc in a report on Tuesday, May 31st. Berenberg Bank restated a “buy” rating and set a GBX 250 ($3.26) price objective on shares of Vodafone Group plc in a report on Thursday, June 2nd. Jefferies Group restated a “buy” rating and set a GBX 265 ($3.46) price objective on shares of Vodafone Group plc in a report on Thursday, June 9th. Macquarie downgraded shares of Vodafone Group plc to a “neutral” rating and lowered their price objective for the stock from GBX 235 ($3.07) to GBX 225 ($2.94) in a report on Monday, June 13th. Finally, Deutsche Bank AG restated a “buy” rating and set a GBX 300 ($3.92) price objective on shares of Vodafone Group plc in a report on Wednesday, June 15th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of GBX 247.50 ($3.23).
Shares of Vodafone Group plc (LON:VOD) opened at 221.05 on Monday. The company’s market cap is GBX 58.71 billion. Vodafone Group plc has a one year low of GBX 197.70 and a one year high of GBX 240.10. The company’s 50 day moving average is GBX 228.24 and its 200 day moving average is GBX 225.23.
In related news, insider Read,Nick sold 400,000 shares of Vodafone Group plc stock in a transaction on Friday, July 22nd. The shares were 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 bought 114 shares of the company’s stock in a transaction dated Monday, September 12th. The shares were acquired at an average price of GBX 221 ($2.88) per share, for a total transaction 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.
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