Vodafone Group Public (LON:VOD) Sets New 52-Week High Following Analyst Upgrade

Vodafone Group Public Limited (LON:VOD) hit a new 52-week high during mid-day trading on Monday after JPMorgan Chase & Co. raised their price target on the stock from GBX 62 to GBX 71. JPMorgan Chase & Co. currently has an underweight rating on the stock. Vodafone Group Public traded as high as GBX 100.60 and last traded at GBX 93.92, with a volume of 152037094 shares trading hands. The stock had previously closed at GBX 94.02.

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

Insider Activity at Vodafone Group Public

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

Vodafone Group Public Stock Down 0.1%

The firm has a 50 day simple moving average of GBX 88.54 and a two-hundred day simple moving average of GBX 83.94. The company has a debt-to-equity ratio of 96.88, a quick ratio of 0.78 and a current ratio of 1.37. The stock has a market cap of £22.45 billion, a P/E ratio of -5.89, a P/E/G ratio of 0.59 and a beta of 0.54.

About Vodafone Group Public

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.