Sanford C. Bernstein set a GBX 215 ($2.81) target price on Vodafone Group (LON:VOD) in a report released on Tuesday. The firm currently has a buy rating on the cell phone carrier’s stock.

Several other research firms have also recently issued reports on VOD. Credit Suisse Group set a GBX 225 ($2.94) target price on Vodafone Group and gave the stock a buy rating in a research note on Monday, October 8th. Bank of America set a GBX 202 ($2.64) target price on Vodafone Group and gave the stock a neutral rating in a research note on Thursday, August 30th. Deutsche Bank reissued a buy rating and set a GBX 265 ($3.46) target price on shares of Vodafone Group in a research note on Friday, September 28th. Barclays set a GBX 220 ($2.87) target price on Vodafone Group and gave the stock a buy rating in a research note on Friday, October 5th. Finally, Numis Securities reissued a buy rating on shares of Vodafone Group in a research note on Wednesday, September 12th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 229.50 ($3.00).

VOD stock opened at GBX 151 ($1.97) 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).

In other news, insider Margherita D. Valle acquired 180,182 shares of the company’s stock in a transaction dated Friday, September 7th. The stock was acquired at an average cost of GBX 165 ($2.16) per share, with a total value of £297,300.30 ($388,475.50). Also, insider Dame Clara Furse acquired 6,382 shares of the company’s stock in a transaction dated Monday, September 3rd. The stock was purchased at an average cost of GBX 166 ($2.17) per share, with a total value of £10,594.12 ($13,843.09). Insiders bought 236,564 shares of company stock valued at $39,189,442 over the last ninety days.

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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