Vodafone Group plc (VOD) Given Average Recommendation of “Hold” by Brokerages
Shares of Vodafone Group plc (LON:VOD) have earned an average recommendation of “Hold” from the twenty-three brokerages that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 246.50 ($3.24).
A number of analysts recently commented on VOD shares. J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 275 ($3.62) target price on shares of Vodafone Group plc in a research note on Monday, July 24th. Barclays PLC reiterated an “equal weight” rating and issued a GBX 225 ($2.96) target price on shares of Vodafone Group plc in a research note on Friday, July 7th. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 300 ($3.94) target price on shares of Vodafone Group plc in a research note on Wednesday, August 9th. BNP Paribas reiterated a “neutral” rating and issued a GBX 235 ($3.09) target price on shares of Vodafone Group plc in a research note on Tuesday, July 18th. Finally, HSBC Holdings plc set a GBX 230 ($3.02) target price on shares of Vodafone Group plc and gave the stock a “neutral” rating in a research note on Thursday, September 7th.
Vodafone Group plc (LON:VOD) opened at 216.30 on Thursday. Vodafone Group plc has a 12 month low of GBX 186.50 and a 12 month high of GBX 233.90. The company’s 50-day moving average is GBX 213.41 and its 200-day moving average is GBX 215.85. The company’s market cap is GBX 57.58 billion.
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In other Vodafone Group plc news, insider Vivek Badrinath bought 246,071 shares of the company’s stock in a transaction dated Friday, August 4th. The stock was acquired at an average price of GBX 225 ($2.96) per share, with a total value of £553,659.75 ($727,924.99).
Vodafone Group plc Company Profile
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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