Jefferies Group upgraded shares of Vodafone Group plc (LON:VOD) to a buy rating in a research report sent to investors on Tuesday, Analyst Ratings Net reports. The firm currently has GBX 250 ($3.56) price target on the cell phone carrier’s stock, up from their prior price target of GBX 230 ($3.28).

Shares of Vodafone Group plc (LON:VOD) opened at 218.6500 on Tuesday. Vodafone Group plc has a 1-year low of GBX 201.25 and a 1-year high of GBX 258.00. The firm’s market capitalization is GBX 58.01 billion. The firm’s 50 day moving average is GBX 216.03 and its 200 day moving average is GBX 221.50.

The firm also recently announced a dividend, which will be paid on Wednesday, February 3rd. Shareholders of record on Thursday, November 19th will be issued a GBX 3.68 ($0.05) dividend. This represents a yield of 1.65%. The ex-dividend date is Thursday, November 19th.

VOD has been the subject of a number of other reports. Deutsche Bank restated a buy rating and set a GBX 280 ($3.99) price objective on shares of Vodafone Group plc in a research note on Tuesday, January 12th. JPMorgan Chase & Co. lowered their price objective on Vodafone Group plc from GBX 270 ($3.85) to GBX 265 ($3.78) and set an overweight rating for the company in a research note on Wednesday, November 11th. Nomura set a GBX 250 ($3.56) price objective on Vodafone Group plc and gave the stock a buy rating in a research note on Monday. Haitong Securities restated a neutral rating and set a GBX 210 ($2.99) price objective on shares of Vodafone Group plc in a research note on Monday, January 18th. Finally, Grupo Santander restated a hold rating and set a GBX 240 ($3.42) price objective on shares of Vodafone Group plc in a research note on Tuesday, November 10th. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and sixteen have assigned a buy rating to the stock. Vodafone Group plc currently has a consensus rating of Hold and an average price target of GBX 237.59 ($3.38).

Vodafone Group Plc (LON:VOD) is a mobile communications company which provides services to mobile voice, messaging, data and fixed line. The Company’s money transfer service, M-Pesa, enables people in emerging markets, to send and receive money through a mobile phone. The Company also has products such as international money transfer, savings and loans, salary disbursements and access to insurance products in different markets. Vodafone Red offers consumers and businesses a package with mobile data allowances, unlimited calls and texts, plus cloud and back-up services to secure personal data. Vodafone Cloud allows customers to store their personal digital content, such as contacts, photos and videos in the Vodafone network and to access it on the move from any connected device. Vodafone OneNet integrates landlines and mobiles providing a communication solution. Vodafone Secure Device Manager gives customer a way to manage many of their smart devices.

Receive News & Ratings for Vodafone Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group plc and related companies with MarketBeat.com's FREE daily email newsletter.