Vodafone Group Public (LON:VOD) Sets New 12-Month Low – Here’s What Happened

Vodafone Group Public Limited (LON:VOD) reached a new 52-week low during trading on Monday . The company traded as low as GBX 1.14 and last traded at GBX 114, with a volume of 412852594 shares. The stock had previously closed at GBX 114.23.

Wall Street Analyst Weigh In

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

Vodafone Group Public Stock Performance

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 stock has a market capitalization of £26.69 billion, a P/E ratio of -6.89, a P/E/G ratio of 0.59 and a beta of 0.54. The business has a fifty day moving average price of GBX 102.02 and a 200-day moving average price of GBX 92.96.

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.