Vodafone Group plc (VOD) Earns “Overweight” Rating from JPMorgan Chase & Co.
JPMorgan Chase & Co. reiterated their overweight rating on shares of Vodafone Group plc (LON:VOD) in a research note issued to investors on Monday. They currently have a GBX 300 ($3.92) price target on the cell phone carrier’s stock.
VOD has been the subject of a number of other reports. Barclays PLC restated an overweight rating and set a GBX 265 ($3.46) price target on shares of Vodafone Group plc in a report on Monday, July 25th. Deutsche Bank AG restated a buy rating and set a GBX 300 ($3.92) price target on shares of Vodafone Group plc in a report on Wednesday, June 15th. Beaufort Securities restated a buy rating on shares of Vodafone Group plc in a report on Tuesday, June 7th. HSBC set a GBX 245 ($3.20) price target on shares of Vodafone Group plc and gave the company a buy rating in a report on Monday, July 25th. Finally, BNP Paribas restated an outperform rating and set a GBX 265 ($3.46) price target on shares of Vodafone Group plc in a report on Thursday, September 15th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 248.30 ($3.24).
Vodafone Group plc (LON:VOD) opened at 225.05 on Monday. The firm has a 50-day moving average price of GBX 226.13 and a 200-day moving average price of GBX 225.40. The firm’s market capitalization is GBX 59.77 billion. Vodafone Group plc has a 52 week low of GBX 197.70 and a 52 week high of GBX 240.10.
In other news, insider Schellekens,Ronald acquired 114 shares of the company’s stock in a transaction dated Monday, September 12th. The stock was bought at an average price of GBX 221 ($2.88) per share, with a total value of £251.94 ($328.86). Also, insider Read,Nick sold 400,000 shares of the firm’s stock in a transaction that occurred 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).
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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