Vodafone Group (LON:VOD) Given a GBX 235 Price Target by Credit Suisse Group Analysts

Credit Suisse Group set a GBX 235 ($3.04) target price on Vodafone Group (LON:VOD) in a research note published on Thursday, July 26th. The firm currently has a buy rating on the cell phone carrier’s stock.

A number of other analysts have also issued reports on VOD. JPMorgan Chase & Co. set a GBX 290 ($3.75) price target on Vodafone Group and gave the stock a buy rating in a research note on Wednesday, April 25th. Deutsche Bank reissued a buy rating and issued a GBX 315 ($4.08) price target on shares of Vodafone Group in a research note on Thursday, April 26th. Numis Securities decreased their price target on Vodafone Group from GBX 270 ($3.50) to GBX 255 ($3.30) and set a buy rating on the stock in a research note on Friday, April 20th. Barclays reissued an overweight rating and issued a GBX 265 ($3.43) price target on shares of Vodafone Group in a research note on Wednesday, May 9th. Finally, Berenberg Bank set a GBX 250 ($3.24) price target on Vodafone Group and gave the stock a buy rating in a research note on Friday, May 11th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 239.48 ($3.10).

Vodafone Group opened at GBX 182.52 ($2.36) on Thursday, MarketBeat reports. Vodafone Group has a 52 week low of GBX 197.45 ($2.56) and a 52 week high of GBX 239.65 ($3.10).

The business also recently announced a dividend, which was paid on Friday, August 3rd. Investors of record on Thursday, June 7th were issued a dividend of €0.10 ($0.12) per share. This is an increase from Vodafone Group’s previous dividend of $0.10. This represents a dividend yield of 4.35%. The ex-dividend date of this dividend was Thursday, June 7th.

In other Vodafone Group news, insider David Thomas Nish acquired 12,881 shares of the company’s stock in a transaction on Thursday, May 17th. The shares were bought at an average cost of GBX 194 ($2.51) per share, for a total transaction of £24,989.14 ($32,348.40). Also, insider Maria Amparo Moraleda Martinez acquired 5,533 shares of the company’s stock in a transaction on Tuesday, May 15th. The shares were acquired at an average price of GBX 200 ($2.59) per share, for a total transaction of £11,066 ($14,324.92).

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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