Macquarie Reaffirms Underperform Rating for Vodafone Group plc (VOD)

Macquarie reaffirmed their underperform rating on shares of Vodafone Group plc (LON:VOD) in a research report report published on Monday morning.

VOD has been the subject of a number of other research reports. Deutsche Bank AG reissued a buy rating and issued a GBX 300 ($4.04) price objective on shares of Vodafone Group plc in a research report on Thursday, August 24th. Goldman Sachs Group, Inc. (The) reissued a buy rating and issued a GBX 285 ($3.84) price objective on shares of Vodafone Group plc in a research report on Monday, July 24th. Credit Suisse Group reissued an outperform rating on shares of Vodafone Group plc in a research report on Friday, July 21st. UBS AG set a GBX 270 ($3.64) price objective on shares of Vodafone Group plc and gave the company a buy rating in a research report on Wednesday, July 19th. Finally, J P Morgan Chase & Co reissued an overweight rating and issued a GBX 275 ($3.71) price objective on shares of Vodafone Group plc in a research report on Monday, July 24th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of GBX 246.13 ($3.32).

Vodafone Group plc (LON VOD) opened at 209.70 on Monday. The firm’s 50-day moving average is GBX 218.78 and its 200-day moving average is GBX 215.44. Vodafone Group plc has a 52-week low of GBX 186.50 and a 52-week high of GBX 233.90. The firm’s market cap is GBX 55.83 billion.

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In other Vodafone Group plc news, insider Vivek Badrinath acquired 246,071 shares of the company’s stock in a transaction on Friday, August 4th. The stock was acquired at an average price of GBX 225 ($3.03) per share, for a total transaction of £553,659.75 ($746,473.98). Also, insider Nick Read sold 574,525 shares of Vodafone Group plc stock in a transaction dated 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).

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.

Analyst Recommendations for Vodafone Group plc (LON:VOD)

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