Vodafone Group Public (LON:VOD) Reaches New 12-Month High – Here’s What Happened

Shares of Vodafone Group Public Limited (LON:VOD) reached a new 52-week high on Monday . The stock traded as high as GBX 97.68 and last traded at GBX 96.94, with a volume of 89310000 shares. The stock had previously closed at GBX 97.26.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on VOD shares. Citigroup boosted their price objective on Vodafone Group Public from GBX 75 to GBX 85 and gave the company a “neutral” rating in a research note on Tuesday, October 14th. 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 upped their price target on shares of Vodafone Group Public from GBX 80 to GBX 82 and gave the company a “hold” rating in a research note on Friday, October 17th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Vodafone Group Public from GBX 135 to GBX 140 and gave the stock a “buy” rating in a report on Tuesday, October 14th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Vodafone Group Public from GBX 62 to GBX 71 and gave the company an “underweight” rating in a research note on Friday, November 28th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of GBX 90.

Vodafone Group Public Stock Performance

The business’s fifty day moving average price is GBX 93.06 and its 200-day moving average price is GBX 87.12. The company has a debt-to-equity ratio of 96.88, a current ratio of 1.37 and a quick ratio of 0.78. The stock has a market capitalization of £23.55 billion, a PE ratio of -5.99, a P/E/G ratio of 0.59 and a beta of 0.54.

Insider Buying and Selling

In other news, insider Anne-Francoise Nesmes purchased 20,911 shares of Vodafone Group Public stock in a transaction dated Friday, November 14th. The stock was purchased at an average cost of GBX 95 per share, for a total transaction of £19,865.45. 0.43% of the stock is currently owned by insiders.

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.