Vodafone Group Public (LON:VOD) Hits New 12-Month High – Should You Buy?

Vodafone Group Public Limited (LON:VOD)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 123.80 and last traded at GBX 123.40, with a volume of 228921953 shares. The stock had previously closed at GBX 119.40.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. UBS Group reiterated a “sell” rating and issued a GBX 95 target price on shares of Vodafone Group Public in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 155 target price on shares of Vodafone Group Public in a report on Tuesday, May 12th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of GBX 114.60.

Vodafone Group Public Stock Performance

The firm has a market cap of £28.52 billion, a P/E ratio of -74.79, a P/E/G ratio of 0.59 and a beta of 0.33. The company has a debt-to-equity ratio of 103.96, a quick ratio of 0.78 and a current ratio of 1.07. The business’s 50-day simple moving average is GBX 113.86 and its 200 day simple moving average is GBX 113.23.

Insider Transactions at Vodafone Group Public

In other news, insider Jean-François Van Boxmeer acquired 22,076 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was bought at an average price of GBX 122 per share, with a total value of £26,932.72. Also, insider Margherita D. Valle sold 2,658,846 shares of the company’s stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of GBX 122, for a total value of £3,243,792.12. In the last quarter, insiders have bought 25,904 shares of company stock valued at $3,147,577. Corporate insiders own 0.45% of the company’s stock.

Vodafone Group Public Company Profile

Vodafone is a leading European and African telecoms company.
We serve around 370 million mobile and broadband customers, operating networks in 15 countries with investments in a further four and partners in over 40 more. We have capacity on more than 70 subsea cable systems – the backbone of the internet – 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 over 240 million IoT connections globally, and we provide financial services to around 103 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.