Several other analysts also recently weighed in on VOD. Barclays reissued an overweight rating and issued a GBX 265 ($3.59) price target on shares of Vodafone in a research note on Wednesday, May 9th. Sanford C. Bernstein set a GBX 205 ($2.78) price target on shares of Vodafone and gave the stock a neutral rating in a research note on Thursday, May 10th. Numis Securities reissued a buy rating and issued a GBX 255 ($3.46) price target on shares of Vodafone in a research note on Thursday, May 10th. Berenberg Bank set a GBX 250 ($3.39) price target on shares of Vodafone and gave the stock a buy rating in a research note on Friday, May 11th. Finally, Deutsche Bank reaffirmed a buy rating and set a GBX 285 ($3.87) price objective on shares of Vodafone in a research note on Thursday, May 10th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. Vodafone presently has a consensus rating of Buy and a consensus price target of GBX 244.71 ($3.32).
Vodafone opened at GBX 193.06 ($2.62) on Monday, Marketbeat reports. Vodafone has a twelve month low of GBX 197.45 ($2.68) and a twelve month high of GBX 239.65 ($3.25).
In related news, insider David Thomas Nish purchased 12,881 shares of the firm’s stock in a transaction that occurred on Thursday, May 17th. The stock was bought at an average cost of GBX 194 ($2.63) per share, with a total value of £24,989.14 ($33,897.37). Also, insider Maria Amparo Moraleda Martinez purchased 5,533 shares of the firm’s stock in a transaction that occurred on Tuesday, May 15th. The stock was bought at an average cost of GBX 200 ($2.71) per share, with a total value of £11,066 ($15,010.85).
Vodafone Group Plc operates as a telecommunications company worldwide. The company offers voice, messaging, and data services across mobile and fixed networks; broadband and TV services; cloud and hosting for storing data and applications in the cloud, as well as Internet protocol-virtual private network services; roaming services; and converged communication services to small businesses and large multinational companies.
Receive News & Ratings for Vodafone Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone and related companies with MarketBeat.com's FREE daily email newsletter.