Numis Securities Ltd Reiterates “Add” Rating for Vodafone Group plc (VOD)
Numis Securities Ltd reissued their add rating on shares of Vodafone Group plc (LON:VOD) in a report published on Monday. The firm currently has a GBX 250 ($3.32) target price on the cell phone carrier’s stock.
A number of other research firms also recently weighed in on VOD. Goldman Sachs Group, Inc. (The) restated a buy rating and set a GBX 285 ($3.78) price target on shares of Vodafone Group plc in a report on Monday, July 24th. Societe Generale restated a sell rating and set a GBX 150 ($1.99) price target on shares of Vodafone Group plc in a report on Monday, July 24th. Deutsche Bank AG restated a buy rating and set a GBX 300 ($3.98) price target on shares of Vodafone Group plc in a report on Wednesday, August 9th. Credit Suisse Group AG raised their price target on shares of Vodafone Group plc from GBX 240 ($3.18) to GBX 250 ($3.32) and gave the company an outperform rating in a report on Monday, August 7th. Finally, Berenberg Bank reiterated a buy rating and issued a GBX 259 ($3.44) target price on shares of Vodafone Group plc in a report on Tuesday, June 20th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of GBX 246.13 ($3.26).
Shares of Vodafone Group plc (VOD) opened at 212.15 on Monday. The firm’s market capitalization is GBX 56.48 billion. The company has a 50-day moving average price of GBX 213.99 and a 200 day moving average price of GBX 215.74. Vodafone Group plc has a one year low of GBX 186.50 and a one year high of GBX 233.90.
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In other news, insider Vivek Badrinath purchased 246,071 shares of Vodafone Group plc stock in a transaction on Friday, August 4th. The shares were purchased at an average cost of GBX 225 ($2.98) per share, for a total transaction of £553,659.75 ($734,394.15).
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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