Vodafone Group plc (LON:VOD) Receives GBX 183.76 Average Price Target from Analysts

Shares of Vodafone Group plc (LON:VOD) have earned a consensus rating of “Buy” from the nineteen analysts that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and sixteen have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 183.76 ($2.40).

Several equities analysts have issued reports on VOD shares. Deutsche Bank boosted their target price on Vodafone Group from GBX 240 ($3.14) to GBX 250 ($3.27) and gave the stock a “buy” rating in a research report on Friday, August 9th. HSBC set a GBX 160 ($2.09) price target on Vodafone Group and gave the stock a “buy” rating in a report on Friday, July 19th. Morgan Stanley set a GBX 210 ($2.74) price target on Vodafone Group and gave the stock a “buy” rating in a report on Thursday, August 8th. UBS Group restated a “buy” rating on shares of Vodafone Group in a report on Monday, July 29th. Finally, Barclays set a GBX 200 ($2.61) price target on Vodafone Group and gave the stock a “buy” rating in a report on Friday, July 26th.

In other Vodafone Group news, insider Margherita D. Valle sold 109,102 shares of the stock in a transaction on Monday, July 1st. The stock was sold at an average price of GBX 129 ($1.69), for a total transaction of £140,741.58 ($183,903.80). Also, insider Nick Read bought 387,888 shares of the stock in a transaction on Wednesday, June 26th. The shares were bought at an average price of GBX 125 ($1.63) per share, for a total transaction of £484,860 ($633,555.47).

LON VOD traded down GBX 0.22 ($0.00) on Monday, hitting GBX 150.34 ($1.96). 42,098,369 shares of the company’s stock were exchanged, compared to its average volume of 61,020,000. The company has a debt-to-equity ratio of 90.23, a current ratio of 1.55 and a quick ratio of 1.39. The firm’s 50-day moving average price is GBX 141.71 and its two-hundred day moving average price is GBX 137.46. Vodafone Group has a fifty-two week low of GBX 1.50 ($0.02) and a fifty-two week high of GBX 178.26 ($2.33). The firm has a market cap of $40.24 billion and a price-to-earnings ratio of -5.33.

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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Analyst Recommendations for Vodafone Group (LON:VOD)

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