Vodafone Group plc (LON:VOD) was downgraded by stock
analysts at Macquarie to a “neutral” rating in a research report issued on
Monday. They presently have a GBX 225 ($3.29) price objective on the cell phone
carrier’s stock, down from their previous price objective of GBX 235 ($3.44).
Macquarie’s price target would suggest a potential upside of 4.72% from the
company’s previous close.
In other Vodafone Group plc news, insider Dopfner ,Mathias
bought 11,500 shares of Vodafone Group plc stock in a transaction dated
Wednesday, March 30th. The shares were bought at an average price of GBX 221
($3.23) per share, with a total value of £25,415 ($37,199.94).
Shares of Vodafone Group plc (LON:VOD) opened at 213.0000 on
Monday. Vodafone Group plc has a 52 week low of GBX 197.70 and a 52 week high
of GBX 247.15. The stock has a 50 day moving average price of GBX 225.77 and a
200-day moving average price of GBX 219.76. The stock’s market cap is GBX 56.57
billion.
Source: American Banking and Market News
