The Goldman Sachs Group Reiterates GBX 180 Price Target for Vodafone Group (LON:VOD)

The Goldman Sachs Group set a GBX 180 ($2.35) target price on Vodafone Group (LON:VOD) in a research report sent to investors on Thursday morning, Borsen Zeitung reports.

A number of other research firms have also recently commented on VOD. Barclays increased their price target on shares of Vodafone Group from GBX 165 ($2.16) to GBX 170 ($2.22) and gave the company an overweight rating in a report on Monday, July 26th. Sanford C. Bernstein set a GBX 155 ($2.03) target price on shares of Vodafone Group in a research report on Tuesday, September 21st. Kepler Capital Markets set a GBX 165 ($2.16) price target on shares of Vodafone Group in a report on Friday, July 9th. Morgan Stanley set a GBX 180 ($2.35) price target on shares of Vodafone Group in a report on Friday, July 9th. Finally, Deutsche Bank Aktiengesellschaft reissued a buy rating and issued a GBX 230 ($3.00) target price on shares of Vodafone Group in a report on Thursday, June 24th. Fourteen analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of Buy and an average price target of GBX 172.92 ($2.26).

VOD opened at GBX 113.80 ($1.49) on Thursday. The company has a quick ratio of 0.72, a current ratio of 0.99 and a debt-to-equity ratio of 124.99. The stock has a market cap of £31.46 billion and a PE ratio of 379.33. The business has a 50 day moving average of GBX 118.48 and a 200-day moving average of GBX 126.44. Vodafone Group has a 52 week low of GBX 100 ($1.31) and a 52 week high of GBX 157.52 ($2.06).

In other Vodafone Group news, insider Dame Clara Furse purchased 75,000 shares of the business’s stock in a transaction that occurred on Friday, July 30th. The shares were bought at an average price of GBX 116 ($1.52) per share, for a total transaction of £87,000 ($113,666.06). Also, insider Nick Read sold 346,515 shares of the firm’s stock in a transaction that occurred on Monday, June 28th. The stock was sold at an average price of GBX 121 ($1.58), for a total transaction of £419,283.15 ($547,796.12).

About Vodafone Group

Vodafone Group Plc engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers.

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Analyst Recommendations for Vodafone Group (LON:VOD)

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