Today: The Vodafone Group plc (VOD) Given a GBX 240 Price Target by Credit Suisse Group AG Analysts

The Vodafone Group plc (VOD) Given a GBX 240 Price Target by Credit Suisse Group AG Analysts

Vodafone Group plc (LON:VOD) has been assigned a GBX 240 ($3.00) target price by investment analysts at Credit Suisse Group AG in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the cell phone carrier’s stock. Credit Suisse Group AG’s target price would indicate a potential upside of 20.73% from the company’s current price.

Other equities research analysts have also recently issued research reports about the company. Deutsche Bank AG reiterated a “buy” rating and set a GBX 310 ($3.87) price objective on shares of Vodafone Group plc in a research note on Tuesday, November 15th. Haitong Bank restated a “neutral” rating and issued a GBX 220 ($2.75) price target on shares of Vodafone Group plc in a research note on Friday, September 23rd. JPMorgan Chase & Co. set a GBX 295 ($3.69) price target on Vodafone Group plc and gave the company a “buy” rating in a research note on Wednesday, October 12th. Barclays PLC restated an “overweight” rating and issued a GBX 260 ($3.25) price target on shares of Vodafone Group plc in a research note on Wednesday, November 16th. Finally, Independent Research GmbH set a GBX 240 ($3.00) price target on Vodafone Group plc and gave the company a “neutral” rating in a research note on Wednesday, July 27th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have given a buy rating to the company. Vodafone Group plc has a consensus rating of “Hold” and a consensus target price of GBX 246.08 ($3.07).

Vodafone Group plc (LON:VOD) opened at 197.15 on Thursday. The company’s market capitalization is GBX 55.03 billion. The firm’s 50 day moving average price is GBX 216.30 and its 200-day moving average price is GBX 223.66. Vodafone Group plc has a one year low of GBX 195.75 and a one year high of GBX 240.10.

In other Vodafone Group plc news, insider Valerie Gooding bought 16,970 shares of the firm’s stock in a transaction that occurred on Tuesday, November 15th. The stock was acquired at an average price of GBX 206 ($2.57) per share, with a total value of £34,958.20 ($43,675.91). Also, insider Ronald Schellekens bought 116 shares of the firm’s stock in a transaction that occurred on Thursday, November 10th. The shares were acquired at an average cost of GBX 216 ($2.70) per share, with a total value of £250.56 ($313.04).

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