Shares of Vodafone Group Plc (LON:VOD) dropped 0% during trading on Thursday . The stock traded as low as GBX 226.35 ($2.98) and last traded at GBX 225.40 ($2.96). Approximately 33,742,357 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 62,520,000 shares. The stock had previously closed at GBX 225.40 ($2.96).

VOD has been the subject of several recent research reports. Numis Securities Ltd reissued an “add” rating and issued a GBX 250 ($3.29) target price on shares of Vodafone Group Plc in a research report on Tuesday, September 19th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 300 ($3.95) target price on shares of Vodafone Group Plc in a research report on Tuesday, September 12th. Jefferies Group LLC boosted their target price on shares of Vodafone Group Plc from GBX 232 ($3.05) to GBX 250 ($3.29) and gave the stock a “buy” rating in a research report on Monday, September 11th. Goldman Sachs Group Inc set a GBX 285 ($3.75) target price on shares of Vodafone Group Plc and gave the stock a “buy” rating in a research report on Thursday, August 24th. Finally, UBS AG set a GBX 280 ($3.68) target price on shares of Vodafone Group Plc and gave the stock a “buy” rating in a research report on Tuesday, September 19th. Two analysts have rated the stock with a sell rating, ten have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 244.87 ($3.22).

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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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