Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Vodafone Group Public (LON:VOD) Stock Price

Vodafone Group Public (LON:VOD) had its target price hoisted by Deutsche Bank Aktiengesellschaft from GBX 140 to GBX 150 in a note issued to investors on Thursday,Digital Look reports. The firm presently has a “buy” rating on the cell phone carrier’s stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 45.00% from the company’s current price.

Several other equities analysts also recently commented on the stock. 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 note on Friday, October 17th. UBS Group restated a “neutral” rating and set a GBX 72 target price on shares of Vodafone Group Public in a research report on Friday, November 7th. JPMorgan Chase & Co. lifted their target price 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. Finally, Citigroup boosted their price target on Vodafone Group Public from GBX 75 to GBX 85 and gave the company a “neutral” rating in a report on Tuesday, October 14th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Vodafone Group Public has an average rating of “Hold” and an average target price of GBX 92.

Vodafone Group Public Stock Performance

Shares of Vodafone Group Public stock opened at GBX 103.45 on Thursday. 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 firm has a market cap of £24.31 billion, a P/E ratio of -6.25, a P/E/G ratio of 0.59 and a beta of 0.54. The stock’s fifty day moving average price is GBX 96.49 and its 200-day moving average price is GBX 89.69. Vodafone Group Public has a 12 month low of GBX 62.40 and a 12 month high of GBX 104.40.

Insider Buying and Selling

In related news, insider Anne-Francoise Nesmes acquired 20,911 shares of the firm’s stock in a transaction 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. Company insiders own 0.43% of the company’s stock.

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.