Vodafone Group Public (LON:VOD) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

Vodafone Group Public (LON:VOD)‘s stock had its “buy” rating reissued by equities researchers at Deutsche Bank Aktiengesellschaft in a note issued to investors on Tuesday,London Stock Exchange reports. They presently have a GBX 155 price objective on the cell phone carrier’s stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 37.96% from the stock’s previous close.

VOD has been the subject of several other research reports. Berenberg Bank boosted their target price on Vodafone Group Public from GBX 119 to GBX 123 and gave the stock a “buy” rating in a research note on Friday, March 20th. JPMorgan Chase & Co. lifted their price target on shares of Vodafone Group Public from GBX 71 to GBX 85 and gave the stock an “underweight” rating in a research note on Thursday, March 19th. UBS Group reissued a “sell” rating and issued a GBX 95 target price on shares of Vodafone Group Public in a report on Monday. Finally, Citigroup raised their price target on Vodafone Group Public from GBX 100 to GBX 115 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Vodafone Group Public currently has an average rating of “Hold” and a consensus price target of GBX 114.60.

Vodafone Group Public Stock Down 6.7%

LON VOD traded down GBX 8.05 during trading on Tuesday, reaching GBX 112.35. 181,739,688 shares of the company’s stock were exchanged, compared to its average volume of 91,569,820. The company has a 50 day moving average price of GBX 113.23 and a two-hundred day moving average price of GBX 104.41. The stock has a market cap of £25.90 billion, a P/E ratio of -6.79, a price-to-earnings-growth ratio of 0.59 and a beta of 0.32. Vodafone Group Public has a 1 year low of GBX 67.80 and a 1 year high of GBX 122.05. The company has a debt-to-equity ratio of 102.06, a quick ratio of 0.78 and a current ratio of 1.17.

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.