Credit Suisse Group restated their outperform rating on shares of Vodafone Group plc (LON:VOD) in a report published on Friday morning. The brokerage currently has a GBX 225 ($2.80) price target on the cell phone carrier’s stock.
Several other research analysts also recently commented on VOD. BNP Paribas reiterated an outperform rating and issued a GBX 265 ($3.30) target price on shares of Vodafone Group plc in a report on Thursday, October 6th. HSBC Holdings plc dropped their target price on shares of Vodafone Group plc from GBX 280 ($3.49) to GBX 270 ($3.36) and set a buy rating on the stock in a report on Sunday, October 9th. Beaufort Securities reiterated a buy rating on shares of Vodafone Group plc in a report on Monday, October 10th. Societe Generale reiterated a sell rating and issued a GBX 155 ($1.93) target price on shares of Vodafone Group plc in a report on Monday, October 10th. Finally, Goldman Sachs Group, Inc. (The) reiterated a neutral rating and issued a GBX 275 ($3.43) target price on shares of Vodafone Group plc in a report on Wednesday, October 12th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the stock. Vodafone Group plc presently has an average rating of Hold and an average target price of GBX 234.50 ($2.92).
Vodafone Group plc (LON:VOD) opened at 195.90 on Friday. Vodafone Group plc has a 52 week low of GBX 186.50 and a 52 week high of GBX 240.10. The stock’s market cap is GBX 54.68 billion. The firm’s 50 day moving average price is GBX 202.85 and its 200-day moving average price is GBX 216.77.
In other news, insider David Thomas Nish acquired 50,000 shares of the business’s stock in a transaction on Thursday, December 8th. The shares were purchased at an average cost of GBX 197 ($2.45) per share, with a total value of £98,500 ($122,695.57). Also, insider Ronald Schellekens acquired 118 shares of the business’s stock in a transaction on Thursday, January 12th. The shares were purchased at an average cost of GBX 212 ($2.64) per share, for a total transaction of £250.16 ($311.61). Insiders have acquired a total of 67,214 shares of company stock valued at $13,395,910 in the last 90 days.
About Vodafone Group plc
Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.