Numis Securities Ltd assumed coverage on shares of Vodafone Group plc (LON:VOD) in a report issued on Friday, July 14th, MarketBeat reports. The firm issued an add rating and a GBX 250 ($3.26) price objective on the cell phone carrier’s stock.
Other research analysts also recently issued research reports about the stock. UBS AG set a GBX 265 ($3.45) price target on shares of Vodafone Group plc and gave the stock a buy rating in a research note on Tuesday, March 21st. Barclays PLC set a GBX 225 ($2.93) price target on shares of Vodafone Group plc and gave the stock a buy rating in a research note on Tuesday, March 21st. Deutsche Bank AG reiterated a buy rating and set a GBX 285 ($3.71) target price on shares of Vodafone Group plc in a report on Monday, March 20th. Goldman Sachs Group, Inc. (The) set a GBX 270 ($3.52) target price on shares of Vodafone Group plc and gave the stock a buy rating in a report on Monday, April 3rd. Finally, Jefferies Group LLC set a GBX 232 ($3.02) target price on shares of Vodafone Group plc and gave the stock a buy rating in a report on Thursday, May 11th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the stock. Vodafone Group plc has a consensus rating of Hold and an average target price of GBX 244.04 ($3.18).
Shares of Vodafone Group plc (VOD) traded down 1.10% during midday trading on Friday, reaching GBX 220.30. 42,451,996 shares of the company’s stock traded hands. The firm’s market cap is GBX 58.65 billion. Vodafone Group plc has a 12 month low of GBX 186.50 and a 12 month high of GBX 240.10. The stock has a 50-day moving average price of GBX 221.02 and a 200 day moving average price of GBX 210.60.
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The company also recently announced a dividend, which will be paid on Friday, August 4th. Stockholders of record on Thursday, June 8th will be issued a dividend of €0.10 ($0.12) per share. This represents a dividend yield of 4.05%. The ex-dividend date of this dividend is Thursday, June 8th.
In other news, insider Nick Read sold 574,525 shares of Vodafone Group plc stock in a transaction that occurred on Monday, June 26th. The shares were sold at an average price of GBX 224 ($2.92), for a total transaction of £1,286,936 ($1,676,571.13).
Vodafone Group plc Company Profile
Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.
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