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

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

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. UBS Group reaffirmed a “sell” rating and set a GBX 95 price target on shares of Vodafone Group Public in a research report on Monday, May 11th. 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 report on Thursday, March 19th. Citigroup upped their price target on Vodafone Group Public from GBX 100 to GBX 115 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Berenberg Bank upped their price target on Vodafone Group Public from GBX 119 to GBX 123 and gave the stock a “buy” rating in a research report on Friday, March 20th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 155 price target on shares of Vodafone Group Public in a research report on Tuesday, May 12th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of GBX 114.60.

Vodafone Group Public Trading Down 0.0%

The company has a market cap of £25.81 billion, a price-to-earnings ratio of -6.77, a P/E/G 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. The firm has a fifty day moving average price of GBX 113.78 and a 200 day moving average price of GBX 105.77.

Insider Activity at Vodafone Group Public

In related news, insider Simon Segars acquired 50,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was bought at an average price of GBX 114 per share, with a total value of £57,000. Insiders own 0.43% of the company’s stock.

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.