Vodafone Group Public (LON:VOD) Hits New 52-Week High – Still a Buy?

Shares of Vodafone Group Public Limited (LON:VOD) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 116.85 and last traded at GBX 116.55, with a volume of 81201563 shares. The stock had previously closed at GBX 115.65.

Analyst Ratings Changes

VOD has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Vodafone Group Public from GBX 140 to GBX 150 and gave the company a “buy” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. lifted their price target 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. Finally, UBS Group restated a “sell” rating and issued a GBX 82 price objective on shares of Vodafone Group Public in a research note on Friday, January 23rd. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of GBX 94.

Vodafone Group Public Trading Up 0.0%

The company has a current ratio of 1.37, a quick ratio of 0.78 and a debt-to-equity ratio of 96.88. The stock has a market capitalization of £27.04 billion, a P/E ratio of -6.98, a P/E/G ratio of 0.59 and a beta of 0.54. The business’s fifty day simple moving average is GBX 104.11 and its two-hundred day simple moving average is GBX 93.95.

About Vodafone Group Public

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.