Vodafone Group Public (LON:VOD) Sets New 1-Year High – Time to Buy?

Vodafone Group Public Limited (LON:VOD)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 106.35 and last traded at GBX 105.85, with a volume of 71034305 shares changing hands. The stock had previously closed at GBX 105.60.

Wall Street Analyst Weigh In

A number of research firms have weighed in on VOD. UBS Group reaffirmed a “sell” rating and set a GBX 82 target price on shares of Vodafone Group Public in a research note on Friday, January 23rd. Berenberg Bank boosted their price objective on Vodafone Group Public from GBX 80 to GBX 82 and gave the stock a “hold” rating in a research report on Friday, October 17th. Deutsche Bank Aktiengesellschaft increased their target price on Vodafone Group Public from GBX 140 to GBX 150 and gave the company a “buy” rating in a research report on Thursday, January 22nd. JPMorgan Chase & Co. upped their price objective 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. Finally, Citigroup lifted their target price on shares of Vodafone Group Public from GBX 75 to GBX 85 and gave the stock a “neutral” rating in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of GBX 94.

Vodafone Group Public Stock Performance

The company has a market capitalization of £24.88 billion, a price-to-earnings ratio of -6.40, a price-to-earnings-growth ratio of 0.59 and a beta of 0.54. The stock has a 50 day moving average of GBX 97.35 and a 200 day moving average of GBX 90.42. The company has a quick ratio of 0.78, a current ratio of 1.37 and a debt-to-equity ratio of 96.88.

Insider Buying and Selling at Vodafone Group Public

In other news, insider Anne-Francoise Nesmes bought 20,911 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was acquired at an average price 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.