The Vodafone Group plc’s (VOD) Buy Rating Reaffirmed at Beaufort Securities

The Vodafone Group plc’s (VOD) Buy Rating Reaffirmed at Beaufort Securities

Beaufort Securities restated their buy rating on shares of Vodafone Group plc (LON:VOD) in a research note released on Monday.

A number of other research firms also recently commented on VOD. Goldman Sachs Group Inc. restated a neutral rating and set a GBX 265 ($3.28) price target on shares of Vodafone Group plc in a research report on Thursday, September 22nd. Haitong Bank reiterated a neutral rating and issued a GBX 210 ($2.60) target price on shares of Vodafone Group plc in a report on Friday, July 22nd. HSBC dropped their target price on shares of Vodafone Group plc from GBX 280 ($3.47) to GBX 270 ($3.34) and set a buy rating on the stock in a report on Sunday, October 9th. Credit Suisse Group AG reiterated an outperform rating and issued a GBX 240 ($2.97) target price on shares of Vodafone Group plc in a report on Wednesday, July 13th. Finally, Deutsche Bank AG reiterated a buy rating and issued a GBX 310 ($3.84) target price on shares of Vodafone Group plc in a report on Tuesday, July 26th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have issued a buy rating to the company’s stock. Vodafone Group plc currently has an average rating of Hold and an average price target of GBX 248.30 ($3.07).

Vodafone Group plc (LON:VOD) opened at 223.90 on Monday. The firm’s 50-day moving average is GBX 224.52 and its 200 day moving average is GBX 225.59. The firm’s market capitalization is GBX 59.46 billion. Vodafone Group plc has a 12 month low of GBX 197.70 and a 12 month high of GBX 240.10.

In other Vodafone Group plc news, insider Read,Nick sold 400,000 shares of the company’s stock in a transaction dated Friday, July 22nd. The shares were sold at an average price of GBX 235 ($2.91), for a total transaction of £940,000 ($1,163,366.34). Also, insider Schellekens,Ronald bought 114 shares of the business’s stock in a transaction on Monday, September 12th. The shares were acquired at an average price of GBX 221 ($2.74) per share, for a total transaction of £251.94 ($311.81).

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