Numis Securities Ltd reissued their add rating on shares of Vodafone Group plc (LON:VOD) in a report published on Tuesday. They currently have a GBX 250 ($3.37) price objective on the cell phone carrier’s stock.

Other research analysts have also recently issued reports about the company. Goldman Sachs Group, Inc. (The) reaffirmed a conviction-buy rating and set a GBX 280 ($3.78) price objective on shares of Vodafone Group plc in a research report on Monday, June 19th. Deutsche Bank AG reaffirmed a buy rating and set a GBX 300 ($4.04) price objective on shares of Vodafone Group plc in a research report on Wednesday, July 12th. Credit Suisse Group reaffirmed an outperform rating on shares of Vodafone Group plc in a research report on Friday, July 21st. Macquarie reaffirmed an underperform rating on shares of Vodafone Group plc in a research report on Monday, September 4th. Finally, Berenberg Bank reaffirmed a buy rating and set a GBX 259 ($3.49) price objective on shares of Vodafone Group plc in a research report on Tuesday, June 20th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of Hold and an average price target of GBX 246.13 ($3.32).

Shares of Vodafone Group plc (LON:VOD) opened at 207.75 on Tuesday. Vodafone Group plc has a one year low of GBX 186.50 and a one year high of GBX 233.90. The stock’s 50 day moving average price is GBX 218.78 and its 200 day moving average price is GBX 215.44. The firm’s market capitalization is GBX 55.31 billion.

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In related news, insider Vivek Badrinath acquired 246,071 shares of the stock in a transaction on Friday, August 4th. The shares were purchased at an average price of GBX 225 ($3.03) per share, for a total transaction of £553,659.75 ($746,473.98). Also, insider Nick Read sold 574,525 shares of the firm’s stock in a transaction on Monday, June 26th. The stock was sold at an average price of GBX 224 ($3.02), for a total value of £1,286,936 ($1,735,116.62).

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.

Analyst Recommendations for Vodafone Group plc (LON:VOD)

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