Goldman Sachs Group Inc. Analysts Give Vodafone Group plc (VOD) a GBX 265 Price Target
Vodafone Group plc (LON:VOD) received a GBX 265 ($3.46) price target from stock analysts at Goldman Sachs Group Inc. in a report released on Tuesday. The brokerage currently has a a “neutral” rating on the cell phone carrier’s stock. Goldman Sachs Group Inc.’s price objective suggests a potential upside of 18.54% from the stock’s previous close.
VOD has been the subject of several other research reports. Barclays PLC reiterated an “overweight” rating and set a GBX 265 ($3.46) price target on shares of Vodafone Group plc in a research note on Friday, August 26th. Deutsche Bank AG reiterated a “buy” rating and set a GBX 310 ($4.05) price target on shares of Vodafone Group plc in a research note on Tuesday, September 6th. Macquarie decreased their price target on Vodafone Group plc from GBX 225 ($2.94) to GBX 200 ($2.61) and set a “neutral” rating for the company in a research note on Tuesday, September 20th. BNP Paribas reiterated an “outperform” rating and set a GBX 265 ($3.46) price target on shares of Vodafone Group plc in a research note on Thursday, September 15th. Finally, Jefferies Group reiterated a “buy” rating and set a GBX 260 ($3.39) price target on shares of Vodafone Group plc in a research note on Friday, September 30th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 247.87 ($3.24).
Shares of Vodafone Group plc (LON:VOD) traded up 0.47% on Tuesday, hitting GBX 223.53. The stock had a trading volume of 60,423,231 shares. The firm’s market cap is GBX 1887.81 billion. Vodafone Group plc has a 12-month low of GBX 197.70 and a 12-month high of GBX 240.10. The company’s 50-day moving average price is GBX 225.62 and its 200 day moving average price is GBX 225.41.
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In other Vodafone Group plc news, insider Schellekens,Ronald acquired 114 shares of the company’s stock in a transaction that occurred on Monday, September 12th. The shares were acquired at an average price of GBX 221 ($2.88) per share, with a total value of £251.94 ($328.86). Also, insider Read,Nick sold 400,000 shares of the firm’s stock in a transaction on Friday, July 22nd. The stock was sold at an average price of GBX 235 ($3.07), for a total value of £940,000 ($1,226,993.87).
Vodafone Group plc Company Profile
Vodafone Group Plc (Vodafone) is a mobile communications company which provides services to mobile voice, messaging, data and fixed line. The Company’s money transfer service, M-Pesa, enables people in emerging markets, to send and receive money through a mobile phone. The Company also has products such as international money transfer, savings and loans, salary disbursements and access to insurance products in different markets.
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