Vodafone Group (VOD) Given a GBX 210 Price Target at Credit Suisse Group
Credit Suisse Group set a GBX 210 ($2.74) price target on Vodafone Group (LON:VOD) in a research note issued to investors on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the cell phone carrier’s stock.
Other research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. restated an overweight rating on shares of Vodafone Group in a report on Monday, April 8th. UBS Group set a GBX 215 ($2.81) price target on shares of Vodafone Group and gave the company a buy rating in a report on Tuesday, April 16th. Berenberg Bank cut their price target on shares of Vodafone Group from GBX 243 ($3.18) to GBX 190 ($2.48) and set a buy rating on the stock in a report on Monday. Numis Securities restated a buy rating and set a GBX 220 ($2.87) price target on shares of Vodafone Group in a report on Thursday, May 2nd. Finally, Barclays dropped their target price on shares of Vodafone Group from GBX 215 ($2.81) to GBX 205 ($2.68) and set an overweight rating on the stock in a report on Monday, January 28th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and thirteen have issued a buy rating to the company. Vodafone Group has a consensus rating of Buy and a consensus price target of GBX 186.61 ($2.44).
VOD stock opened at GBX 125.92 ($1.65) on Tuesday. Vodafone Group has a 12-month low of GBX 131 ($1.71) and a 12-month high of GBX 211.55 ($2.76). The company has a debt-to-equity ratio of 81.54, a current ratio of 1.30 and a quick ratio of 1.28. The company has a market capitalization of $33.83 billion and a price-to-earnings ratio of -4.47.
In other Vodafone Group news, insider David Thomas Nish bought 20,000 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were acquired at an average cost of GBX 132 ($1.72) per share, for a total transaction of £26,400 ($34,496.28).
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.
Receive News & Ratings for Vodafone Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group and related companies with MarketBeat.com's FREE daily email newsletter.