Vodafone Group (VOD) Earns Buy Rating from Citigroup
Citigroup reissued their buy rating on shares of Vodafone Group (LON:VOD) in a research report sent to investors on Monday.
Several other brokerages have also recently issued reports on VOD. Credit Suisse Group set a GBX 225 ($2.94) target price on Vodafone Group and gave the company a buy rating in a research report on Monday, October 8th. Deutsche Bank reaffirmed a buy rating on shares of Vodafone Group in a research report on Friday, January 11th. Macquarie set a GBX 125 ($1.63) target price on Vodafone Group and gave the company a sell rating in a research report on Monday, January 21st. JPMorgan Chase & Co. set a GBX 240 ($3.14) target price on Vodafone Group and gave the company a buy rating in a research report on Tuesday, November 13th. Finally, Royal Bank of Canada set a GBX 260 ($3.40) target price on Vodafone Group and gave the company a buy rating in a research report on Tuesday, November 13th. Three analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the stock. The stock has an average rating of Buy and a consensus target price of GBX 200.11 ($2.61).
Shares of LON:VOD opened at GBX 138.50 ($1.81) on Monday. Vodafone Group has a 12-month low of GBX 197.45 ($2.58) and a 12-month high of GBX 239.65 ($3.13).
In other news, insider Maria Amparo Moraleda Martinez bought 1,570 shares of the stock in a transaction on Monday, November 26th. The shares were purchased at an average cost of GBX 158 ($2.06) per share, for a total transaction of £2,480.60 ($3,241.34). Also, insider Margherita D. Valle sold 103,468 shares of the business’s stock in a transaction on Monday, November 19th. The shares were sold at an average price of GBX 156 ($2.04), for a total value of £161,410.08 ($210,910.86).
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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