Vodafone Group plc (VOD) Insider Vivek Badrinath Acquires 246,071 Shares
Vodafone Group plc (LON:VOD) insider Vivek Badrinath bought 246,071 shares of the firm’s stock in a transaction dated Friday, August 4th. The stock was purchased at an average price of GBX 225 ($2.97) per share, with a total value of £553,659.75 ($730,325.48).
Vodafone Group plc (VOD) traded up 0.69% during trading on Monday, reaching GBX 226.55. 16,560,781 shares of the company’s stock traded hands. The company’s market capitalization is GBX 60.31 billion. The firm’s 50 day moving average is GBX 221.05 and its 200-day moving average is GBX 210.78. Vodafone Group plc has a 12 month low of GBX 186.50 and a 12 month high of GBX 240.10.
The company also recently disclosed a dividend, which was paid on Friday, August 4th. Shareholders of record on Thursday, June 8th were issued a dividend of €0.10 ($0.12) per share. The ex-dividend date was Thursday, June 8th. This represents a yield of 4.05%.
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Several research analysts have recently weighed in on the stock. Credit Suisse Group upped their target price on shares of Vodafone Group plc from GBX 240 ($3.17) to GBX 250 ($3.30) and gave the company an “outperform” rating in a research note on Monday. Morgan Stanley restated an “overweight” rating and issued a GBX 270 ($3.56) target price on shares of Vodafone Group plc in a research note on Wednesday, July 26th. Numis Securities Ltd restated an “add” rating and issued a GBX 250 ($3.30) target price on shares of Vodafone Group plc in a research note on Wednesday, July 26th. HSBC Holdings plc restated a “hold” rating and issued a GBX 225 ($2.97) target price on shares of Vodafone Group plc in a research note on Tuesday, July 25th. Finally, UBS AG set a GBX 280 ($3.69) target price on shares of Vodafone Group plc and gave the company a “buy” rating in a research note on Tuesday, July 25th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 245.13 ($3.23).
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.
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