Insider Buying: Vodafone Group Public (LON:VOD) Insider Purchases 50,000 Shares of Stock

Vodafone Group Public Limited (LON:VOD) insider Simon Segars acquired 50,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of GBX 114 per share, with a total value of £57,000.

Vodafone Group Public Stock Up 1.1%

Shares of LON:VOD traded up GBX 1.25 during mid-day trading on Thursday, hitting GBX 116.15. 400,210,094 shares of the company traded hands, compared to its average volume of 94,181,391. The stock has a 50-day moving average price of GBX 113.27 and a two-hundred day moving average price of GBX 104.78. Vodafone Group Public Limited has a 12-month low of GBX 68.40 and a 12-month high of GBX 122.05. The stock has a market cap of £26.77 billion, a P/E ratio of -7.02, a P/E/G ratio of 0.59 and a beta of 0.32. The company has a current ratio of 1.17, a quick ratio of 0.78 and a debt-to-equity ratio of 102.06.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. raised their target price on Vodafone Group Public from GBX 71 to GBX 85 and gave the company an “underweight” rating in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 155 price objective on shares of Vodafone Group Public in a research note on Tuesday. Berenberg Bank increased their target price on shares of Vodafone Group Public from GBX 119 to GBX 123 and gave the stock a “buy” rating in a research report on Friday, March 20th. UBS Group reiterated a “sell” rating and issued a GBX 95 target price on shares of Vodafone Group Public in a research note on Monday. Finally, Citigroup boosted their price target on shares of Vodafone Group Public from GBX 100 to GBX 115 and gave the company a “neutral” rating in a research report on Wednesday, April 15th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Vodafone Group Public has a consensus rating of “Hold” and an average price target of GBX 114.60.

Vodafone Group Public Company Profile

Vodafone is a leading European and African telecoms company. We provide mobile and fixed services to over 340 million customers in 15 countries, partner with mobile networks in over 40 more and have one of the world’s largest IoT platforms. In Africa, our financial technology businesses serve almost 88 million customers across seven countries – managing more transactions than any other provider.

Our purpose is to connect for a better future by using technology to improve lives, businesses and help progress inclusive sustainable societies.