Vodafone Group plc (LON:VOD) received a GBX 280 ($3.78) price objective from research analysts at UBS AG in a research report issued to clients and investors on Tuesday. The brokerage currently has a “buy” rating on the cell phone carrier’s stock. UBS AG’s price target would suggest a potential upside of 33.94% from the stock’s previous close.
A number of other research analysts also recently weighed in on the company. Goldman Sachs Group, Inc. (The) reaffirmed a “conviction-buy” rating and set a GBX 280 ($3.78) price target on shares of Vodafone Group plc in a research note on Monday, June 19th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 300 ($4.04) price target on shares of Vodafone Group plc in a research note on Wednesday, July 12th. Credit Suisse Group reaffirmed an “outperform” rating on shares of Vodafone Group plc in a research note on Friday, July 21st. Macquarie reaffirmed an “underperform” rating on shares of Vodafone Group plc in a research note on Monday, September 4th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 259 ($3.49) price target on shares of Vodafone Group plc in a research note on Tuesday, June 20th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. Vodafone Group plc has a consensus rating of “Hold” and a consensus price target of GBX 246.13 ($3.32).
Vodafone Group plc (VOD) traded up 0.62% on Tuesday, hitting GBX 210.35. The company had a trading volume of 29,688,306 shares. Vodafone Group plc has a one year low of GBX 186.50 and a one year high of GBX 233.90. The company’s market capitalization is GBX 56.00 billion. The stock’s 50-day moving average price is GBX 219.01 and its 200 day moving average price is GBX 215.39.
In other Vodafone Group plc news, insider Nick Read sold 574,525 shares of the stock in a transaction on Monday, June 26th. The stock was sold at an average price of GBX 224 ($3.02), for a total transaction of £1,286,936 ($1,735,116.62). Also, insider Vivek Badrinath bought 246,071 shares of the company’s stock in a transaction on Friday, August 4th. The shares were bought at an average price of GBX 225 ($3.03) per share, for a total transaction of £553,659.75 ($746,473.98).
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.
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