Vodafone Group Public (LON:VOD) Sets New 1-Year High – What’s Next?

Shares of Vodafone Group Public Limited (LON:VOD) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 116.85 and last traded at GBX 116.55, with a volume of 81201563 shares changing hands. The stock had previously closed at GBX 115.65.

Wall Street Analyst Weigh In

VOD has been the topic of several recent research reports. UBS Group restated a “sell” rating and issued a GBX 82 price target on shares of Vodafone Group Public in a research note on Friday, January 23rd. Deutsche Bank Aktiengesellschaft increased their target price on Vodafone Group Public from GBX 140 to GBX 150 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Finally, JPMorgan Chase & Co. lifted their price target on Vodafone Group Public from GBX 62 to GBX 71 and gave the stock an “underweight” rating in a research report on Friday, November 28th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vodafone Group Public presently has a consensus rating of “Reduce” and a consensus price target of GBX 94.

Vodafone Group Public Stock Up 0.6%

The company has a 50 day moving average price of GBX 102.81 and a two-hundred day moving average price of GBX 93.41. The company has a debt-to-equity ratio of 96.88, a current ratio of 1.37 and a quick ratio of 0.78. The stock has a market cap of £27.25 billion, a PE ratio of -7.03, a PEG 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. 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.