Vodafone Group Public’s (VOD) Sell Rating Reiterated at UBS Group

UBS Group reaffirmed their sell rating on shares of Vodafone Group Public (LON:VOD) in a research note published on Friday, MarketBeat.com reports. UBS Group currently has a GBX 82 target price on the cell phone carrier’s stock.

VOD has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft increased their price target on Vodafone Group Public from GBX 140 to GBX 150 and gave the stock a “buy” rating in a research note on Thursday. Citigroup upped their price objective 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. JPMorgan Chase & Co. increased their target price on shares of Vodafone Group Public from GBX 62 to GBX 71 and gave the company an “underweight” rating in a research report on Friday, November 28th. Finally, Berenberg Bank boosted their price target on shares of Vodafone Group Public from GBX 80 to GBX 82 and gave the stock a “hold” rating in a research report on Friday, October 17th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of GBX 94.

Vodafone Group Public Price Performance

LON:VOD opened at GBX 104 on Friday. The company has a current ratio of 1.37, a quick ratio of 0.78 and a debt-to-equity ratio of 96.88. The company’s 50-day moving average is GBX 96.88 and its two-hundred day moving average is GBX 90.08. The firm has a market cap of £24.44 billion, a price-to-earnings ratio of -6.28, a price-to-earnings-growth ratio of 0.59 and a beta of 0.54. Vodafone Group Public has a 12-month low of GBX 62.40 and a 12-month high of GBX 104.75.

Insider Activity

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