Brokerages Set Vodafone Group plc (VOD) Target Price at $228.63

Vodafone Group plc (LON:VOD) has been assigned a consensus recommendation of “Hold” from the twenty-one brokerages that are covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 228.63 ($2.99).

Several analysts have recently weighed in on VOD shares. Barclays set a GBX 220 ($2.87) price objective on shares of Vodafone Group and gave the company a “buy” rating in a research note on Friday, October 5th. Credit Suisse Group decreased their price target on shares of Vodafone Group from GBX 235 ($3.07) to GBX 225 ($2.94) and set an “outperform” rating for the company in a research note on Monday, September 17th. Jefferies Financial Group set a GBX 165 ($2.16) price target on shares of Vodafone Group and gave the company a “neutral” rating in a research note on Monday, October 8th. Deutsche Bank reaffirmed a “buy” rating on shares of Vodafone Group in a research note on Thursday, September 13th. Finally, Sanford C. Bernstein set a GBX 215 ($2.81) target price on Vodafone Group and gave the company a “buy” rating in a research report on Tuesday, October 9th.

Shares of VOD stock opened at GBX 144.92 ($1.89) on Tuesday. Vodafone Group has a fifty-two week low of GBX 197.45 ($2.58) and a fifty-two week high of GBX 239.65 ($3.13).



In other news, insider Dame Clara Furse acquired 6,382 shares of Vodafone Group stock in a transaction on 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 acquired 50,000 shares of Vodafone Group stock in a transaction on 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). Over the last three months, insiders have bought 236,564 shares of company stock valued at $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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