Vodafone Group plc (VOD) Given Consensus Rating of “Hold” by Analysts

Shares of Vodafone Group plc (LON:VOD) have been assigned an average recommendation of “Hold” from the twenty brokerages that are presently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 198.73 ($2.60).

A number of equities research analysts have recently weighed in on VOD shares. Deutsche Bank reaffirmed a “buy” rating on shares of Vodafone Group in a research note on Thursday, September 13th. Credit Suisse Group set a GBX 225 ($2.94) target price on shares of Vodafone Group and gave the company a “buy” rating in a research note on Monday, October 8th. Barclays set a GBX 220 ($2.87) target price on shares of Vodafone Group and gave the company a “buy” rating in a research note on Friday, October 5th. Berenberg Bank cut their target price on shares of Vodafone Group from GBX 253 ($3.31) to GBX 243 ($3.18) and set a “buy” rating on the stock in a research note on Wednesday, September 19th. Finally, UBS Group reissued a “buy” rating and set a GBX 230 ($3.01) price objective (down previously from GBX 250 ($3.27)) on shares of Vodafone Group in a research note on Monday, October 29th.

In related news, insider Maria Amparo Moraleda Martinez acquired 1,570 shares of the firm’s stock in a transaction dated Monday, November 26th. The stock was purchased at an average cost of GBX 158 ($2.06) per share, with a total value of £2,480.60 ($3,241.34). Also, insider Margherita D. Valle sold 103,468 shares of the business’s stock in a transaction that occurred on Monday, November 19th. The shares were sold at an average price of GBX 156 ($2.04), for a total transaction of £161,410.08 ($210,910.86).

Shares of VOD stock traded down GBX 0.90 ($0.01) during mid-day trading on Friday, reaching GBX 152.84 ($2.00). The stock had a trading volume of 47,490,261 shares, compared to its average volume of 61,020,000. Vodafone Group has a 52-week low of GBX 197.45 ($2.58) and a 52-week high of GBX 239.65 ($3.13).

The company also recently announced a dividend, which will be paid on Friday, February 1st. Stockholders of record on Thursday, November 22nd will be paid a €0.05 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, November 22nd. This represents a dividend yield of 2.93%.

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: How to calculate compound interest

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