Vodafone Group plc’s (LON:VOD) Buy Rating Reiterated at Goldman Sachs Group, Inc. (The)

Goldman Sachs Group, Inc. (The) restated their buy rating on shares of Vodafone Group plc (LON:VOD) in a report released on Thursday, June 29th, Marketbeat.com reports. Goldman Sachs Group, Inc. (The) currently has a GBX 280 ($3.65) price target on the cell phone carrier’s stock.

Several other equities research analysts have also commented on VOD. Berenberg Bank reiterated a buy rating and set a GBX 259 ($3.37) price target on shares of Vodafone Group plc in a research note on Tuesday, June 20th. Deutsche Bank AG lifted their price objective on shares of Vodafone Group plc from GBX 285 ($3.71) to GBX 300 ($3.91) and gave the company a buy rating in a research note on Monday, June 12th. Sanford C. Bernstein set a GBX 265 ($3.45) price target on shares of Vodafone Group plc and gave the stock a buy rating in a research note on Tuesday, May 30th. Jefferies Group LLC set a GBX 232 ($3.02) price target on shares of Vodafone Group plc and gave the stock a buy rating in a research note on Saturday, May 20th. Finally, S&P Global set a GBX 230 ($3.00) price target on shares of Vodafone Group plc and gave the stock a neutral rating in a research note on Saturday, May 20th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 244.04 ($3.18).

Vodafone Group plc (LON VOD) traded down 1.10% on Thursday, reaching GBX 220.30. The company’s stock had a trading volume of 42,451,996 shares. Vodafone Group plc has a 12-month low of GBX 186.50 and a 12-month high of GBX 240.10. The stock’s market cap is GBX 58.65 billion. The company’s 50 day moving average price is GBX 221.11 and its 200-day moving average price is GBX 210.62.

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The business also recently disclosed a dividend, which will be paid on Friday, August 4th. Shareholders of record on Thursday, June 8th will be paid a dividend of €0.10 ($0.12) per share. The ex-dividend date of this dividend is Thursday, June 8th. This represents a yield of 4.05%.

In other Vodafone Group plc news, insider Nick Read sold 574,525 shares of the stock in a transaction on Monday, June 26th. The shares were sold at an average price of GBX 224 ($2.92), for a total transaction of £1,286,936 ($1,676,571.13).

Vodafone Group plc Company Profile

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.

Analyst Recommendations for Vodafone Group plc (LON:VOD)

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