Vodafone Group Public (LON:VOD) Hits New 1-Year High – What’s Next?

Vodafone Group Public Limited (LON:VOD)’s stock price reached a new 52-week high on Thursday . The stock traded as high as GBX 131.10 and last traded at GBX 113.71, with a volume of 452824875 shares trading hands. The stock had previously closed at GBX 114.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Citigroup lifted their price objective on Vodafone Group Public from GBX 100 to GBX 115 and gave the company a “neutral” rating in a report on Wednesday, April 15th. JPMorgan Chase & Co. lifted their price objective on Vodafone Group Public from GBX 71 to GBX 85 and gave the company an “underweight” rating in a report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 155 target price on shares of Vodafone Group Public in a research report on Tuesday, May 12th. Berenberg Bank lifted their target price on Vodafone Group Public from GBX 119 to GBX 123 and gave the company a “buy” rating in a research report on Friday, March 20th. Finally, UBS Group reissued a “sell” rating and issued a GBX 95 target price on shares of Vodafone Group Public in a research report on Monday, May 11th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Vodafone Group Public has an average rating of “Hold” and a consensus target price of GBX 114.60.

Vodafone Group Public Stock Performance

The stock has a 50-day moving average of GBX 113.61 and a 200-day moving average of GBX 105.58. The firm has a market cap of £26.20 billion, a price-to-earnings ratio of -6.87, a price-to-earnings-growth ratio of 0.59 and a beta of 0.32. The company has a debt-to-equity ratio of 103.96, a quick ratio of 0.78 and a current ratio of 1.13.

Insider Buying and Selling at Vodafone Group Public

In related news, insider Simon Segars purchased 50,000 shares of the stock in a transaction on Wednesday, May 13th. The shares were purchased at an average price of GBX 114 per share, with a total value of £57,000. 0.43% of the stock is owned by company insiders.

About Vodafone Group Public

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.