Vodafone Group plc (LON:VOD)‘s stock had its “outperform” rating reiterated by Credit Suisse Group in a research report issued to clients and investors on Friday. They currently have a GBX 250 ($3.29) target price on the cell phone carrier’s stock. Credit Suisse Group’s price target suggests a potential upside of 15.55% from the company’s previous close.
VOD has been the topic of a number of other research reports. Goldman Sachs Group, Inc. (The) set a GBX 285 ($3.75) price target on Vodafone Group plc and gave the company a “buy” rating in a report on Tuesday, October 3rd. Deutsche Bank AG reiterated a “buy” rating and set a GBX 300 ($3.94) price target on shares of Vodafone Group plc in a report on Thursday, August 24th. Macquarie reiterated an “underperform” rating on shares of Vodafone Group plc in a report on Monday, September 4th. Berenberg Bank set a GBX 240 ($3.16) price target on Vodafone Group plc and gave the company a “buy” rating in a report on Friday, October 6th. Finally, UBS AG set a GBX 270 ($3.55) price target on Vodafone Group plc and gave the company a “buy” rating in a report on Wednesday, July 19th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 245.30 ($3.23).
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In other news, insider Vivek Badrinath purchased 246,071 shares of the stock in a transaction that occurred on Friday, August 4th. The shares were purchased at an average cost of GBX 225 ($2.96) per share, for a total transaction of £553,659.75 ($727,924.99).
About Vodafone Group plc
Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.
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