Vodafone Group (VOD) Given a GBX 215 Price Target at Sanford C. Bernstein

Sanford C. Bernstein set a GBX 215 ($2.81) target price on Vodafone Group (LON:VOD) in a research note released on Tuesday. The brokerage currently has a buy rating on the cell phone carrier’s stock.

Other research analysts have also recently issued reports about the stock. JPMorgan Chase & Co. set a GBX 240 ($3.14) price target on shares of Vodafone Group and gave the company a buy rating in a research report on Tuesday. UBS Group set a GBX 250 ($3.27) target price on shares of Vodafone Group and gave the stock a buy rating in a research report on Thursday, July 26th. Numis Securities reissued a buy rating on shares of Vodafone Group in a research report on Thursday, July 26th. Credit Suisse Group set a GBX 235 ($3.07) target price on shares of Vodafone Group and gave the stock a buy rating in a research report on Thursday, July 26th. Finally, Royal Bank of Canada set a GBX 260 ($3.40) target price on shares of Vodafone Group and gave the stock a buy rating in a research report on Thursday, July 26th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of GBX 222.62 ($2.91).

Shares of VOD stock opened at GBX 160.42 ($2.10) on Tuesday. Vodafone Group has a fifty-two week low of GBX 197.45 ($2.58) and a fifty-two week high of GBX 239.65 ($3.13).

The business also recently declared a dividend, which will be paid on Friday, February 1st. Investors of record on Thursday, November 22nd will be issued a €0.05 ($0.06) dividend. The ex-dividend date is Thursday, November 22nd. This represents a yield of 2.93%.

In related news, insider Michel Demare purchased 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 18th. The shares were purchased at an average cost of GBX 168 ($2.20) per share, with a total value of £84,000 ($109,760.88). Also, insider Dame Clara Furse purchased 6,382 shares of the business’s stock in a transaction that occurred on Monday, September 3rd. The stock was bought at an average cost of GBX 166 ($2.17) per share, for a total transaction of £10,594.12 ($13,843.09). Insiders purchased 236,564 shares of company stock worth $39,189,442 over the last ninety days.

About Vodafone Group

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

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Analyst Recommendations for Vodafone Group (LON:VOD)

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