Vodafone Group Public (LON:VOD) Reaches New 1-Year High – Should You Buy?

Vodafone Group Public Limited (LON:VOD) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 96.61 and last traded at GBX 95.66, with a volume of 98653398 shares changing hands. The stock had previously closed at GBX 94.96.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. UBS Group reiterated a “neutral” rating and issued a GBX 72 price objective on shares of Vodafone Group Public in a report on Friday, November 7th. Berenberg Bank lifted their target price on Vodafone Group Public from GBX 80 to GBX 82 and gave the company a “hold” rating in a research report on Friday, October 17th. JPMorgan Chase & Co. upped their price target 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. Citigroup raised their price objective on Vodafone Group Public from GBX 75 to GBX 85 and gave the stock a “neutral” rating in a research report on Tuesday, October 14th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Vodafone Group Public from GBX 135 to GBX 140 and gave the company a “buy” rating in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Vodafone Group Public has an average rating of “Hold” and a consensus price target of GBX 90.

Vodafone Group Public Price Performance

The stock has a fifty day simple moving average of GBX 91.46 and a 200-day simple moving average of GBX 85.79. The company has a market capitalization of £22.94 billion, a PE ratio of -5.84, a P/E/G ratio of 0.59 and a beta of 0.54. The company has a current ratio of 1.37, a quick ratio of 0.78 and a debt-to-equity ratio of 96.88.

Insider Buying and Selling

In other Vodafone Group Public news, insider Anne-Francoise Nesmes bought 20,911 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were acquired at an average cost of GBX 95 per share, with a total value of £19,865.45. 0.43% of the stock is currently owned by company insiders.

Vodafone Group Public Company Profile

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.