Vodafone Group plc (LON:VOD) received a GBX 265 ($3.46) price objective from research analysts at Goldman Sachs Group Inc. in a research note issued on Tuesday. The firm currently has a a “neutral” rating on the cell phone carrier’s stock. Goldman Sachs Group Inc.’s price target indicates a potential upside of 17.83% from the company’s current price.
Several other equities analysts have also issued reports on the company. JPMorgan Chase & Co. set a GBX 300 ($3.92) price target on Vodafone Group plc and gave the company a “buy” rating in a research note on Monday, July 11th. Credit Suisse Group AG restated an “outperform” rating and set a GBX 240 ($3.13) price objective 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. Independent Research GmbH set a GBX 240 ($3.13) price objective on Vodafone Group plc and gave the company a “neutral” rating in a report on Wednesday, July 27th. Finally, Societe Generale set a GBX 155 ($2.02) price objective on Vodafone Group plc and gave the company a “sell” rating in a report on Thursday, July 21st. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have issued a buy rating to the stock. Vodafone Group plc has an average rating of “Hold” and an average price target of GBX 247.50 ($3.23).
Shares of Vodafone Group plc (LON:VOD) opened at 224.90 on Tuesday. The firm’s market cap is GBX 59.73 billion. Vodafone Group plc has a one year low of GBX 197.70 and a one year high of GBX 240.10. The firm’s 50-day moving average price is GBX 226.68 and its 200 day moving average price is GBX 225.34.
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In other Vodafone Group plc news, insider Read,Nick sold 400,000 shares of the 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 acquired 114 shares of the company’s stock in a transaction on Monday, September 12th. The stock was acquired at an average price of GBX 221 ($2.88) per share, with a total value of £251.94 ($328.86).