Credit Suisse Group Reiterates “GBX 225” Price Target for Vodafone Group (VOD)

Credit Suisse Group set a GBX 225 ($2.94) target price on Vodafone Group (LON:VOD) in a research note issued to investors on Tuesday. The firm currently has a buy rating on the cell phone carrier’s stock.

VOD has been the topic of a number of other research reports. 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, November 13th. Cfra set a GBX 200 ($2.61) target price on Vodafone Group and gave the company a buy rating in a research report on Tuesday, November 13th. HSBC set a GBX 180 ($2.35) target price on Vodafone Group and gave the company a neutral rating in a research report on Friday, November 16th. UBS Group reissued a buy rating and issued a GBX 230 ($3.01) price target (down from GBX 230 ($3.01)) on shares of Vodafone Group in a report on Tuesday, November 13th. Finally, JPMorgan Chase & Co. set a GBX 255 ($3.33) price target on Vodafone Group and gave the company a buy rating in a report on Tuesday, September 11th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of GBX 216.30 ($2.83).

Shares of LON VOD opened at GBX 163.70 ($2.14) on Tuesday. 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 business also recently declared a dividend, which will be paid on Friday, February 1st. Shareholders of record on Thursday, November 22nd will be issued a €0.05 ($0.06) dividend. This represents a yield of 2.93%. The ex-dividend date of this dividend is Thursday, November 22nd.

In other Vodafone Group news, insider Maria Amparo Moraleda Martinez bought 1,570 shares of Vodafone Group stock in a transaction dated Monday, November 26th. The stock was acquired at an average cost of GBX 158 ($2.06) per share, with a total value of £2,480.60 ($3,241.34). Also, insider Michel Demare bought 50,000 shares of Vodafone Group stock in a transaction dated Tuesday, September 18th. The shares were acquired at an average cost of GBX 168 ($2.20) per share, with a total value of £84,000 ($109,760.88).

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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