Vodafone Group (VOD) Receives Outperform Rating from Credit Suisse Group
VOD has been the subject of several other research reports. Barclays set a GBX 220 ($2.87) price objective on Vodafone Group and gave the stock a buy rating in a report on Friday, October 5th. Societe Generale cut their price objective on Vodafone Group from GBX 150 ($1.96) to GBX 130 ($1.70) and set a sell rating for the company in a report on Tuesday, November 6th. Jefferies Financial Group set a GBX 165 ($2.16) price objective on Vodafone Group and gave the stock a neutral rating in a report on Monday, October 8th. Deutsche Bank reaffirmed a buy rating on shares of Vodafone Group in a report on Thursday, September 13th. Finally, Sanford C. Bernstein set a GBX 215 ($2.81) price objective on Vodafone Group and gave the stock a buy rating in a report on Tuesday, October 9th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of GBX 218.75 ($2.86).
Shares of VOD opened at GBX 153.40 ($2.00) on Wednesday. Vodafone Group has a one year low of GBX 197.45 ($2.58) and a one year high of GBX 239.65 ($3.13).
In related news, insider Dame Clara Furse purchased 6,382 shares of the business’s stock in a transaction on Monday, September 3rd. The stock was acquired at an average price of GBX 166 ($2.17) per share, with a total value of £10,594.12 ($13,843.09). Also, insider Michel Demare purchased 50,000 shares of the business’s stock in a transaction on Tuesday, September 18th. The shares were bought at an average cost of GBX 168 ($2.20) per share, with a total value of £84,000 ($109,760.88). Insiders have acquired 236,564 shares of company stock valued at $39,189,442 in the last three months.
Vodafone Group Company Profile
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.
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