Vodafone Group plc (LON:VOD)‘s stock had its “outperform” rating restated by BNP Paribas in a report issued on Wednesday. They currently have a GBX 265 ($3.46) price target on the cell phone carrier’s stock. BNP Paribas’ target price would suggest a potential upside of 19.10% from the company’s current price.
A number of other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. set a GBX 300 ($3.92) target price 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 ($3.39) target price 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 ($3.13) target price 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 ($3.13) target price on Vodafone Group plc and gave the stock a “neutral” rating in a report on Wednesday, July 27th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 247.50 ($3.23).
Vodafone Group plc (LON:VOD) opened at 222.50 on Wednesday. The firm’s market cap is GBX 59.09 billion. Vodafone Group plc has a one year low of GBX 197.70 and a one year high of GBX 240.10. The stock has a 50 day moving average price of GBX 227.50 and a 200-day moving average price of GBX 225.20.
In other news, insider Read,Nick sold 400,000 shares of the stock in a transaction dated 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 firm’s stock in a transaction dated Monday, September 12th. The stock was bought at an average cost 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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