Vodafone Group plc (LON:VOD)‘s stock had its “neutral” rating restated by equities researchers at Haitong Bank in a research note issued on Thursday. They currently have a GBX 220 ($2.93) price objective on the cell phone carrier’s stock. Haitong Bank’s price objective suggests a potential upside of 0.66% from the company’s current price.

Several other equities analysts have also recently issued reports on VOD. JPMorgan Chase & Co. lifted their price objective on Vodafone Group plc from GBX 275 ($3.66) to GBX 280 ($3.73) and gave the company an “overweight” rating in a research note on Wednesday, May 18th. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 295 ($3.93) price objective on shares of Vodafone Group plc in a research note on Wednesday, May 18th. HSBC reiterated a “buy” rating and issued a GBX 260 ($3.46) price objective on shares of Vodafone Group plc in a research note on Wednesday, May 18th. Barclays PLC reiterated an “overweight” rating and issued a GBX 260 ($3.46) price objective on shares of Vodafone Group plc in a research note on Wednesday, May 18th. Finally, Royal Bank Of Canada lifted their price objective on Vodafone Group plc from GBX 260 ($3.46) to GBX 270 ($3.60) and gave the company an “outperform” rating in a research note on Wednesday, May 18th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have given a buy rating to the company. Vodafone Group plc presently has an average rating of “Hold” and an average price target of GBX 247.08 ($3.29).

Shares of Vodafone Group plc (LON:VOD) opened at 218.55 on Thursday. Vodafone Group plc has a 52-week low of GBX 197.70 and a 52-week high of GBX 240.10. The firm has a 50-day moving average price of GBX 229.83 and a 200 day moving average price of GBX 225.00. The stock’s market cap is GBX 58.04 billion.

In other Vodafone Group plc news, insider Colao,Vittario sold 456,201 shares of the company’s stock in a transaction dated Tuesday, June 28th. The stock was sold at an average price of GBX 212 ($2.82), for a total transaction of £967,146.12 ($1,288,154.13). Also, insider Schellekens,Ronald purchased 114 shares of the company’s stock in a transaction on Monday, September 12th. The shares were purchased at an average price of GBX 221 ($2.94) per share, with a total value of £251.94 ($335.56).

About Vodafone Group plc

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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