UBS Group Reiterates “Sell” Rating for Vodafone Group Public (LON:VOD)

Vodafone Group Public (LON:VOD)‘s stock had its “sell” rating reiterated by stock analysts at UBS Group in a report released on Monday,Digital Look reports. They presently have a GBX 95 target price on the cell phone carrier’s stock. UBS Group’s price objective points to a potential downside of 21.52% from the company’s current price.

A number of other equities analysts have also recently issued reports on the stock. Berenberg Bank increased their price objective 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. Deutsche Bank Aktiengesellschaft boosted their target price on Vodafone Group Public from GBX 140 to GBX 150 and gave the company a “buy” rating in a research report on Thursday, January 22nd. JPMorgan Chase & Co. upped their price target on Vodafone Group Public from GBX 71 to GBX 85 and gave the stock an “underweight” rating in a research note on Thursday, March 19th. Finally, Citigroup increased their price target on Vodafone Group Public from GBX 100 to GBX 115 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 113.60.

Vodafone Group Public Trading Up 2.0%

LON:VOD opened at GBX 121.05 on Monday. The company has a current ratio of 1.17, a quick ratio of 0.78 and a debt-to-equity ratio of 102.06. The stock has a market capitalization of £27.90 billion, a price-to-earnings ratio of -7.31, a PEG ratio of 0.59 and a beta of 0.32. The firm has a fifty day simple moving average of GBX 113.14 and a two-hundred day simple moving average of GBX 103.95. Vodafone Group Public has a 12 month low of GBX 67.80 and a 12 month high of GBX 121.20.

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.