Vodafone Group (LON:VOD)‘s stock had its “overweight” rating reissued by Barclays in a note issued to investors on Wednesday, Borsen Zeitung reports. They presently have a GBX 190 ($2.50) target price on the cell phone carrier’s stock. Barclays‘s price target suggests a potential upside of 68.86% from the stock’s previous close.

VOD has been the subject of a number of other reports. Deutsche Bank reissued a “buy” rating and set a GBX 233 ($3.06) target price on shares of Vodafone Group in a research report on Thursday, February 6th. DZ Bank cut their price objective on shares of Vodafone Group from GBX 165 ($2.17) to GBX 160 ($2.10) and set a “hold” rating for the company in a report on Thursday, February 13th. HSBC reaffirmed a “buy” rating on shares of Vodafone Group in a report on Tuesday, March 10th. Morgan Stanley set a GBX 215 ($2.83) price objective on shares of Vodafone Group and gave the stock a “buy” rating in a report on Tuesday, February 4th. Finally, Credit Suisse Group reaffirmed an “outperform” rating on shares of Vodafone Group in a report on Friday, February 7th. One analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the stock. Vodafone Group currently has an average rating of “Buy” and a consensus price target of GBX 192.25 ($2.53).

Shares of Vodafone Group stock traded down GBX 3.48 ($0.05) on Wednesday, reaching GBX 112.52 ($1.48). 187,388,845 shares of the company traded hands, compared to its average volume of 61,020,000. Vodafone Group has a 52 week low of GBX 1.69 ($0.02) and a 52 week high of GBX 1,602 ($21.07). The company has a 50 day moving average of GBX 138.98 and a 200 day moving average of GBX 151.24. The firm has a market capitalization of $30.12 billion and a PE ratio of -3.99. The company has a debt-to-equity ratio of 142.43, a current ratio of 0.99 and a quick ratio of 0.93.

In other news, insider Margherita D. Valle bought 71,246 shares of the stock in a transaction on Thursday, March 5th. The shares were acquired at an average cost of GBX 139 ($1.83) per share, for a total transaction of £99,031.94 ($130,270.90).

About Vodafone Group

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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