Vodafone Group Public (LON:VOD) Reaches New 52-Week High – Should You Buy?

Vodafone Group Public Limited (LON:VOD)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 97.30 and last traded at GBX 96.96, with a volume of 70959586 shares traded. The stock had previously closed at GBX 96.04.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on VOD shares. JPMorgan Chase & Co. upped their target price on shares of Vodafone Group Public from GBX 62 to GBX 71 and gave the stock an “underweight” rating in a report on Friday, November 28th. Citigroup boosted their target price 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. UBS Group reaffirmed a “neutral” rating and set a GBX 72 target price on shares of Vodafone Group Public in a research note on Friday, November 7th. Berenberg Bank raised their price objective on Vodafone Group Public from GBX 80 to GBX 82 and gave the company a “hold” rating in a research report on Friday, October 17th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Vodafone Group Public from GBX 135 to GBX 140 and gave the company a “buy” rating in a research 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 given a Sell rating to the company. Based on data from MarketBeat, Vodafone Group Public presently has a consensus rating of “Hold” and an average target price of GBX 90.

Vodafone Group Public Stock Performance

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’s 50-day moving average is GBX 92.17 and its two-hundred day moving average is GBX 86.33. The stock has a market cap of £23.10 billion, a price-to-earnings ratio of -5.88, a P/E/G ratio of 0.59 and a beta of 0.54.

Insider Activity

In other news, insider Anne-Francoise Nesmes bought 20,911 shares of the business’s stock in a transaction on Friday, November 14th. The shares were bought at an average price of GBX 95 per share, with a total value 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.