Vodafone Group plc (VOD) Earns “Outperform” Rating from BNP Paribas
BNP Paribas reissued their outperform rating on shares of Vodafone Group plc (LON:VOD) in a research report report published on Wednesday. BNP Paribas currently has a GBX 265 ($3.46) target price on the cell phone carrier’s stock.
A number of other equities research analysts have also commented on VOD. Berenberg Bank reiterated a buy rating and issued a GBX 250 ($3.26) target price on shares of Vodafone Group plc in a research report on Thursday, June 2nd. Barclays PLC restated an overweight rating and issued a GBX 265 ($3.46) price objective on shares of Vodafone Group plc in a research report on Monday, July 25th. Deutsche Bank AG restated a buy rating and issued a GBX 300 ($3.92) price objective on shares of Vodafone Group plc in a research report on Wednesday, June 15th. Beaufort Securities restated a buy rating on shares of Vodafone Group plc in a research report on Tuesday, June 7th. Finally, HSBC set a GBX 245 ($3.20) price objective on Vodafone Group plc and gave the stock a buy rating in a research report on Monday, July 25th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have given a buy rating to the company’s stock. Vodafone Group plc has an average rating of Hold and an average target price of GBX 247.50 ($3.23).
Vodafone Group plc (LON:VOD) opened at 226.15 on Wednesday. The stock’s market capitalization is GBX 60.06 billion. The company has a 50 day moving average of GBX 226.68 and a 200-day moving average of GBX 225.34. Vodafone Group plc has a 12-month low of GBX 197.70 and a 12-month high of GBX 240.10.
In other news, insider Read,Nick sold 400,000 shares of the stock in a transaction on Friday, July 22nd. The stock was sold at an average price of GBX 235 ($3.07), for a total transaction of £940,000 ($1,226,993.87). Also, insider Schellekens,Ronald purchased 114 shares of the stock in a transaction dated Monday, September 12th. The shares were acquired at an average price of GBX 221 ($2.88) per share, with a total value of £251.94 ($328.86).
Vodafone Group plc Company Profile
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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