Vodafone Group Public (LON:VOD) Sets New 12-Month High Following Analyst Upgrade

Vodafone Group Public Limited (LON:VOD) reached a new 52-week high during mid-day trading on Thursday after Deutsche Bank Aktiengesellschaft raised their price target on the stock from GBX 140 to GBX 150. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Vodafone Group Public traded as high as GBX 104.40 and last traded at GBX 104.08, with a volume of 273518031 shares trading hands. The stock had previously closed at GBX 101.

Other equities research analysts have also issued reports about the company. UBS Group reissued a “neutral” rating and issued a GBX 72 price target on shares of Vodafone Group Public in a research report on Friday, November 7th. Berenberg Bank boosted their target price on Vodafone Group Public from GBX 80 to GBX 82 and gave the stock a “hold” rating in a research note on Friday, October 17th. Citigroup lifted their price target on Vodafone Group Public from GBX 75 to GBX 85 and gave the stock a “neutral” rating in a report on Tuesday, October 14th. Finally, JPMorgan Chase & Co. increased their target price on shares of Vodafone Group Public from GBX 62 to GBX 71 and gave the company an “underweight” rating in a research report on Friday, November 28th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Vodafone Group Public presently has a consensus rating of “Reduce” and an average price target of GBX 94.

Insider Transactions at Vodafone Group Public

In related news, insider Anne-Francoise Nesmes bought 20,911 shares of the business’s stock in a transaction on Friday, November 14th. The stock was acquired at an average price of GBX 95 per share, for a total transaction of £19,865.45. Company insiders own 0.43% of the company’s stock.

Vodafone Group Public Stock Up 0.4%

The company’s 50 day simple moving average is GBX 96.88 and its 200-day simple moving average is GBX 89.95. The firm has a market capitalization of £24.44 billion, a PE ratio of -6.28, a PEG ratio of 0.59 and a beta of 0.54. The company has a debt-to-equity ratio of 96.88, a quick ratio of 0.78 and a current ratio of 1.37.

Vodafone Group Public Company Profile

Vodafone is a leading European and African telecoms company.

We serve over 355 million mobile and broadband customers, operating networks in 15 countries with investments in a further five and partners in over 40 more. Our undersea cables transport around a sixth of the world’s internet traffic, and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage. Vodafone runs one of the world’s largest IoT platforms, with 215 million IoT connections globally, and we provide financial services to around 92 million customers across seven African countries – managing more transactions than any other provider.

From the seabed to the stars, Vodafone’s purpose is to keep everyone connected.

For more information, please visit www.vodafone.com follow us on X at @VodafoneGroup or connect with us on LinkedIn at www.linkedin.com/company/vodafone.