Vodafone Group (VOD) PT Set at GBX 220 by Barclays

Barclays set a GBX 220 ($2.87) price objective on Vodafone Group (LON:VOD) in a report issued on Friday morning. The firm currently has a buy rating on the cell phone carrier’s stock.

A number of other research analysts have also issued reports on VOD. Sanford C. Bernstein set a GBX 220 ($2.87) price target on shares of Vodafone Group and gave the stock a neutral rating in a research note on Tuesday, July 17th. Deutsche Bank dropped their price target on shares of Vodafone Group from GBX 285 ($3.72) to GBX 280 ($3.66) and set a buy rating on the stock in a research note on Monday, June 18th. Kepler Capital Markets began coverage on shares of Vodafone Group in a research note on Wednesday, July 11th. They set a reduce rating and a GBX 180 ($2.35) price target on the stock. JPMorgan Chase & Co. set a GBX 270 ($3.53) price target on shares of Vodafone Group and gave the stock a buy rating in a research note on Thursday, July 26th. Finally, UBS Group set a GBX 250 ($3.27) price target on shares of Vodafone Group and gave the stock a buy rating in a research note on Thursday, July 26th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of GBX 230.18 ($3.01).

Shares of Vodafone Group stock opened at GBX 154.58 ($2.02) on Friday. Vodafone Group has a 52-week low of GBX 197.45 ($2.58) and a 52-week high of GBX 239.65 ($3.13).

In other Vodafone Group news, insider Margherita D. Valle purchased 180,182 shares of Vodafone Group stock in a transaction on Friday, September 7th. The shares were bought at an average price of GBX 165 ($2.16) per share, with a total value of £297,300.30 ($388,475.50). Also, insider Michel Demare purchased 50,000 shares of Vodafone Group stock in a transaction on Tuesday, September 18th. The stock was acquired at an average cost of GBX 168 ($2.20) per share, for a total transaction of £84,000 ($109,760.88). In the last three months, insiders have purchased 236,564 shares of company stock worth $39,189,442.

About Vodafone Group

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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Analyst Recommendations for Vodafone Group (LON:VOD)

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