Vodafone Group (VOD) Given a GBX 235 Price Target at Sanford C. Bernstein

Sanford C. Bernstein set a GBX 235 ($3.07) target price on Vodafone Group (LON:VOD) in a research note released on Thursday morning. The brokerage currently has a buy rating on the cell phone carrier’s stock.

Several other analysts have also recently weighed in on the company. Deutsche Bank set a GBX 265 ($3.46) price target on Vodafone Group and gave the company a buy rating in a report on Wednesday, December 5th. Credit Suisse Group set a GBX 225 ($2.94) price target on Vodafone Group and gave the company a buy rating in a report on Tuesday, December 4th. Berenberg Bank set a GBX 243 ($3.18) price objective on Vodafone Group and gave the company a buy rating in a report on Wednesday, November 28th. BNP Paribas set a GBX 176 ($2.30) price objective on Vodafone Group and gave the company a buy rating in a report on Wednesday, November 28th. Finally, HSBC set a GBX 180 ($2.35) price objective on Vodafone Group and gave the company a neutral rating in a report on Friday, November 16th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and thirteen have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of GBX 216.30 ($2.83).

LON:VOD opened at GBX 162.78 ($2.13) on Thursday. Vodafone Group has a twelve month low of GBX 197.45 ($2.58) and a twelve month high of GBX 239.65 ($3.13).

The company also recently disclosed a dividend, which will be paid on Friday, February 1st. Investors of record on Thursday, November 22nd will be issued a dividend of €0.05 ($0.06) per share. The ex-dividend date is Thursday, November 22nd. This represents a dividend yield of 2.93%.

In other Vodafone Group news, insider Margherita D. Valle sold 103,468 shares of Vodafone Group stock in a transaction that occurred on Monday, November 19th. The stock was sold at an average price of GBX 156 ($2.04), for a total value of £161,410.08 ($210,910.86). Also, insider Michel Demare purchased 50,000 shares of the firm’s stock in a transaction on Tuesday, September 18th. The stock was bought at an average cost of GBX 168 ($2.20) per share, for a total transaction of £84,000 ($109,760.88).

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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