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

Vodafone Group Public Limited (LON:VOD)’s stock price reached a new 52-week high on Monday . The company traded as high as GBX 100.95 and last traded at GBX 99.80, with a volume of 102645328 shares. The stock had previously closed at GBX 98.42.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on VOD shares. JPMorgan Chase & Co. boosted their price target on shares of Vodafone Group Public from GBX 62 to GBX 71 and gave the company an “underweight” rating in a report on Friday, November 28th. Berenberg Bank lifted their price objective on shares of Vodafone Group Public from GBX 80 to GBX 82 and gave the company a “hold” rating in a report on Friday, October 17th. Citigroup boosted their price objective on shares of Vodafone Group Public from GBX 75 to GBX 85 and gave the stock a “neutral” rating in a research note on Tuesday, October 14th. UBS Group reaffirmed a “neutral” rating and set a GBX 72 target price on shares of Vodafone Group Public in a research report on Friday, November 7th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on 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 analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Vodafone Group Public presently has a consensus rating of “Hold” and an average price target of GBX 90.

Vodafone Group Public Trading Up 1.4%

The company’s 50 day simple moving average is GBX 93.68 and its two-hundred day simple moving average is GBX 87.62. The company has a quick ratio of 0.78, a current ratio of 1.37 and a debt-to-equity ratio of 96.88. The company has a market capitalization of £23.70 billion, a price-to-earnings ratio of -6.03, a P/E/G ratio of 0.59 and a beta of 0.54.

Insider Buying and Selling at Vodafone Group Public

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

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. 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.