A number of other analysts also recently issued reports on the company. Credit Suisse Group set a GBX 225 ($2.94) price target on Vodafone Group and gave the stock a buy rating in a report on Monday, October 8th. Jefferies Financial Group set a GBX 165 ($2.16) price target on Vodafone Group and gave the stock a neutral rating in a report on Monday, October 8th. Barclays set a GBX 220 ($2.87) price target on Vodafone Group and gave the stock a buy rating in a report on Friday, October 5th. Deutsche Bank reaffirmed a buy rating and set a GBX 265 ($3.46) price target on shares of Vodafone Group in a report on Friday, September 28th. Finally, Berenberg Bank decreased their price target on Vodafone Group from GBX 253 ($3.31) to GBX 243 ($3.18) and set a buy rating for the company in a report on Wednesday, September 19th. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and thirteen have given a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 229.50 ($3.00).
Shares of LON VOD opened at GBX 151 ($1.97) on Tuesday. Vodafone Group has a 1 year low of GBX 197.45 ($2.58) and a 1 year high of GBX 239.65 ($3.13).
In other news, insider Dame Clara Furse bought 6,382 shares of Vodafone Group stock in a transaction dated Monday, September 3rd. The stock was acquired at an average cost of GBX 166 ($2.17) per share, with a total value of £10,594.12 ($13,843.09). Also, insider Michel Demare bought 50,000 shares of Vodafone Group stock in a transaction dated Tuesday, September 18th. The stock was purchased at an average cost of GBX 168 ($2.20) per share, with a total value of £84,000 ($109,760.88). Insiders bought a total of 236,564 shares of company stock valued at $39,189,442 over 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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