Vodafone Group (VOD) Earns Buy Rating from Numis Securities

Numis Securities reiterated their buy rating on shares of Vodafone Group (LON:VOD) in a report issued on Wednesday.

A number of other research firms also recently weighed in on VOD. Royal Bank of Canada set a GBX 260 ($3.39) price target on shares of Vodafone Group and gave the company a buy rating in a research report on Tuesday, May 15th. UBS Group reiterated a buy rating and issued a GBX 270 ($3.52) price target on shares of Vodafone Group in a research report on Tuesday, May 15th. Barclays set a GBX 265 ($3.45) price target on shares of Vodafone Group and gave the company a buy rating in a research report on Tuesday, May 15th. JPMorgan Chase & Co. dropped their price target on shares of Vodafone Group from GBX 290 ($3.78) to GBX 280 ($3.65) and set an overweight rating for the company in a research report on Tuesday, May 15th. Finally, Jefferies Financial Group set a GBX 240 ($3.13) price objective on shares of Vodafone Group and gave the company a buy rating in a research report on Tuesday, May 15th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and fourteen have given a buy rating to the stock. The stock has an average rating of Buy and an average price target of GBX 235.73 ($3.07).

LON VOD opened at GBX 167.44 ($2.18) on Wednesday. Vodafone Group has a 1-year low of GBX 197.45 ($2.57) and a 1-year high of GBX 239.65 ($3.12).

In related news, insider Margherita D. Valle bought 180,182 shares of the firm’s stock in a transaction on Friday, September 7th. The shares were purchased at an average price of GBX 165 ($2.15) per share, with a total value of £297,300.30 ($387,261.04). Also, insider Dame Clara Furse bought 6,382 shares of the firm’s stock in a transaction on Monday, September 3rd. The shares were bought at an average cost of GBX 166 ($2.16) per share, for a total transaction of £10,594.12 ($13,799.82).

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.

Featured Story: What does RSI mean?

Analyst Recommendations for Vodafone Group (LON:VOD)

Receive News & Ratings for Vodafone Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply