Vodafone Group plc (VOD) Given a GBX 295 Price Target at JPMorgan Chase & Co.
JPMorgan Chase & Co. set a GBX 295 ($3.65) price target on Vodafone Group plc (LON:VOD) in a research report released on Wednesday. The firm currently has a a buy rating on the cell phone carrier’s stock.
Other analysts have also issued research reports about the company. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 300 ($3.71) target price on shares of Vodafone Group plc in a research note on Friday, June 24th. HSBC raised Vodafone Group plc to a buy rating and upped their target price for the stock from GBX 157 ($1.94) to GBX 175 ($2.17) in a research note on Thursday, June 23rd. Jefferies Group cut their target price on Vodafone Group plc from GBX 265 ($3.28) to GBX 245 ($3.03) and set a buy rating for the company in a research note on Tuesday, June 21st. Citigroup Inc. set a GBX 240 ($2.97) target price on Vodafone Group plc and gave the stock a buy rating in a research note on Monday, June 27th. Finally, Morgan Stanley set a GBX 280 ($3.47) target price on Vodafone Group plc and gave the stock a buy rating in a research note on Monday, July 25th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of GBX 248.30 ($3.07).
Shares of Vodafone Group plc (LON:VOD) opened at 222.75 on Wednesday. Vodafone Group plc has a 1-year low of GBX 197.70 and a 1-year high of GBX 240.10. The stock has a 50 day moving average of GBX 224.60 and a 200 day moving average of GBX 225.55. The company’s market cap is GBX 59.16 billion.
In other news, insider Read,Nick sold 400,000 shares of the business’s stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of GBX 235 ($2.91), for a total transaction of £940,000 ($1,163,366.34). Also, insider Schellekens,Ronald bought 114 shares of the business’s stock in a transaction dated Monday, September 12th. The shares were bought at an average cost of GBX 221 ($2.74) per share, for a total transaction of £251.94 ($311.81).
About Vodafone Group plc
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.
Receive News & Ratings for Vodafone Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group plc and related companies with MarketBeat.com's FREE daily email newsletter.