Trading Report: Today, Vodafone Group plc (VOD) Given a GBX 295 Price Target by JPMorgan Chase & Co. Analysts

Today, Vodafone Group plc (VOD) Given a GBX 295 Price Target by JPMorgan Chase & Co. Analysts

Vodafone Group plc (LON:VOD) has been given a GBX 295 ($3.85) price objective by investment analysts at JPMorgan Chase & Co. in a research report issued on Wednesday. The brokerage presently has a a “buy” rating on the cell phone carrier’s stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 32.58% from the company’s current price.

Other equities analysts have also issued reports about the stock. Beaufort Securities restated a “buy” rating on shares of Vodafone Group plc in a research report on Tuesday, June 7th. Deutsche Bank AG restated a “buy” rating and set a GBX 300 ($3.92) price target on shares of Vodafone Group plc in a research report on Friday, June 24th. HSBC upgraded shares of Vodafone Group plc to a “buy” rating and boosted their price target for the stock from GBX 157 ($2.05) to GBX 175 ($2.28) in a research report on Thursday, June 23rd. Jefferies Group reduced their target price on shares of Vodafone Group plc from GBX 265 ($3.46) to GBX 245 ($3.20) and set a “buy” rating on the stock in a research note on Tuesday, June 21st. Finally, Citigroup Inc. set a GBX 240 ($3.13) target price on shares of Vodafone Group plc and gave the stock a “buy” rating in a research note on Monday, June 27th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 248.30 ($3.24).

Vodafone Group plc (LON:VOD) opened at 224.60 on Wednesday. The stock’s 50 day moving average is GBX 225.74 and its 200-day moving average is GBX 225.38. Vodafone Group plc has a 1-year low of GBX 197.70 and a 1-year high of GBX 240.10. The company’s market capitalization is GBX 59.65 billion.

In other news, insider Schellekens,Ronald purchased 114 shares of the stock in a transaction on Monday, September 12th. The stock was bought at an average price of GBX 221 ($2.88) per share, for a total transaction of £251.94 ($328.86). Also, insider Read,Nick sold 400,000 shares of the business’s stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of GBX 235 ($3.07), for a total transaction of £940,000 ($1,226,993.87).

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