Vodafone Group plc (LON:VOD) has been assigned a consensus recommendation of “Buy” from the sixteen analysts that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and fourteen have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 187 ($2.44).

Several research analysts recently weighed in on VOD shares. JPMorgan Chase & Co. decreased their price objective on shares of Vodafone Group from GBX 225 ($2.94) to GBX 220 ($2.87) and set an “overweight” rating on the stock in a research report on Tuesday, November 12th. Berenberg Bank restated a “buy” rating and issued a GBX 175 ($2.29) price objective on shares of Vodafone Group in a research report on Monday, November 18th. Credit Suisse Group set a GBX 190 ($2.48) price objective on shares of Vodafone Group and gave the stock a “buy” rating in a research report on Friday, November 22nd. Citigroup restated a “buy” rating and issued a GBX 185 ($2.42) price objective on shares of Vodafone Group in a research report on Thursday, November 7th. Finally, Kepler Capital Markets restated a “buy” rating and issued a GBX 175 ($2.29) price objective on shares of Vodafone Group in a research report on Tuesday, November 12th.

Shares of VOD stock traded down GBX 4.86 ($0.06) during trading on Wednesday, hitting GBX 148.50 ($1.94). The company had a trading volume of 146,137,727 shares, compared to its average volume of 61,020,000. The company has a quick ratio of 0.93, a current ratio of 0.99 and a debt-to-equity ratio of 124.73. The stock’s 50-day moving average is GBX 159.13 and its two-hundred day moving average is GBX 145.72. The stock has a market capitalization of $39.75 billion and a price-to-earnings ratio of -5.27. Vodafone Group has a 52 week low of GBX 122.22 ($1.60) and a 52 week high of GBX 171.78 ($2.24).

The company also recently announced a dividend, which will be paid on Friday, February 7th. Shareholders of record on Thursday, November 28th will be paid a €0.05 ($0.05) dividend. The ex-dividend date is Thursday, November 28th. This represents a yield of 2.41%. This is a positive change from Vodafone Group’s previous dividend of $0.04. Vodafone Group’s dividend payout ratio is currently -0.28%.

In other Vodafone Group news, insider Vivek Badrinath sold 162,062 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of GBX 153 ($2.00), for a total value of £247,954.86 ($323,996.94).

About Vodafone Group

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

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Analyst Recommendations for Vodafone Group (LON:VOD)

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