Vodafone Group (LON:VOD) Given a GBX 155 Price Target by Sanford C. Bernstein Analysts

Vodafone Group (LON:VOD) has been assigned a GBX 155 ($2.03) price objective by Sanford C. Bernstein in a research note issued on Tuesday, Borsen Zeitung reports. Sanford C. Bernstein’s price target would indicate a potential upside of 34.32% from the stock’s previous close.

Several other equities analysts have also recently issued reports on VOD. Jefferies Financial Group set a GBX 151 ($1.97) price target on shares of Vodafone Group in a research report on Friday, July 23rd. Kepler Capital Markets set a GBX 165 ($2.16) price target on shares of Vodafone Group in a research report on Friday, July 9th. The Goldman Sachs Group set a GBX 180 ($2.35) price objective on shares of Vodafone Group in a research note on Friday, July 23rd. JPMorgan Chase & Co. dropped their price objective on shares of Vodafone Group from GBX 197 ($2.57) to GBX 165 ($2.16) and set an “overweight” rating on the stock in a research note on Thursday, July 1st. Finally, UBS Group set a GBX 187 ($2.44) price objective on shares of Vodafone Group in a research note on Tuesday, July 13th. Fourteen analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 172.92 ($2.26).

VOD stock opened at GBX 115.40 ($1.51) on Tuesday. The firm’s 50-day moving average price is GBX 118.55 and its two-hundred day moving average price is GBX 126.62. Vodafone Group has a 12-month low of GBX 100 ($1.31) and a 12-month high of GBX 157.52 ($2.06). The stock has a market capitalization of £31.91 billion and a price-to-earnings ratio of 384.67. The company has a current ratio of 0.99, a quick ratio of 0.72 and a debt-to-equity ratio of 124.99.

In other news, insider Nick Read sold 346,515 shares of the firm’s stock in a transaction on Monday, June 28th. The stock was sold at an average price of GBX 121 ($1.58), for a total value of £419,283.15 ($547,796.12). Also, insider Dame Clara Furse bought 75,000 shares of the stock in a transaction that occurred on Friday, July 30th. The shares were bought at an average price of GBX 116 ($1.52) per share, for a total transaction of £87,000 ($113,666.06).

Vodafone Group Company Profile

Vodafone Group Plc engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers.

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Analyst Recommendations for Vodafone Group (LON:VOD)

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