Numis Securities restated their buy rating on shares of Vodafone Group (LON:VOD) in a report released on Wednesday.

VOD has been the subject of a number of other reports. Deutsche Bank reaffirmed a buy rating and set a GBX 285 ($3.71) price objective on shares of Vodafone Group in a research note on Wednesday, May 16th. Sanford C. Bernstein set a GBX 220 ($2.87) price objective on Vodafone Group and gave the stock a neutral rating in a research note on Tuesday, July 17th. Kepler Capital Markets began coverage on Vodafone Group in a research note on Wednesday, July 11th. They set a reduce rating and a GBX 180 ($2.34) price objective for the company. Barclays set a GBX 265 ($3.45) price objective on Vodafone Group and gave the stock a buy rating in a research note on Tuesday, May 15th. Finally, JPMorgan Chase & Co. set a GBX 255 ($3.32) price objective on Vodafone Group and gave the stock a buy rating in a research note on Tuesday. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and fourteen have given a buy rating to the stock. The stock presently has an average rating of Buy and an average price target of GBX 235.73 ($3.07).

Shares of Vodafone Group stock opened at GBX 167.44 ($2.18) on Wednesday. Vodafone Group has a 12 month low of GBX 197.45 ($2.57) and a 12 month high of GBX 239.65 ($3.12).

In other news, insider Vittorio Colao sold 955,749 shares of the business’s stock in a transaction dated Tuesday, June 26th. The stock was sold at an average price of GBX 182 ($2.37), for a total value of £1,739,463.18 ($2,265,811.10). Also, insider Margherita D. Valle purchased 180,182 shares of the business’s stock in a transaction dated Friday, September 7th. The stock was purchased at an average price of GBX 165 ($2.15) per share, for a total transaction of £297,300.30 ($387,261.04).

About Vodafone Group

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

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Analyst Recommendations for Vodafone Group (LON:VOD)

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