Vodafone Group Public (LON:VOD) Hits New 12-Month High – What’s Next?

Vodafone Group Public Limited (LON:VOD) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 111.40 and last traded at GBX 110.11, with a volume of 70170563 shares traded. The stock had previously closed at GBX 109.25.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised their price target on shares of Vodafone Group Public from GBX 140 to GBX 150 and gave the company a “buy” rating in a report on Thursday, January 22nd. JPMorgan Chase & Co. raised their target price on Vodafone Group Public from GBX 62 to GBX 71 and gave the company an “underweight” rating in a research note on Friday, November 28th. Berenberg Bank boosted their price target on Vodafone Group Public from GBX 80 to GBX 82 and gave the stock a “hold” rating in a research note on Friday, October 17th. Citigroup increased their price target on Vodafone Group Public from GBX 75 to GBX 85 and gave the company a “neutral” rating in a report on Tuesday, October 14th. Finally, UBS Group restated a “sell” rating and set a GBX 82 price objective on shares of Vodafone Group Public in a report on Friday, January 23rd. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of GBX 94.

Vodafone Group Public Trading Up 0.8%

The company has a current ratio of 1.37, a quick ratio of 0.78 and a debt-to-equity ratio of 96.88. The company has a market cap of £25.88 billion, a price-to-earnings ratio of -6.65, a price-to-earnings-growth ratio of 0.59 and a beta of 0.54. The firm has a 50-day moving average price of GBX 99.02 and a 200 day moving average price of GBX 91.34.

Insider Buying and Selling

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

About Vodafone Group Public

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.