Vodafone Group Public (LON:VOD) Hits New 52-Week High – Time to Buy?

Vodafone Group Public Limited (LON:VOD)’s share price hit a new 52-week high on Wednesday . The company 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.

Analyst Ratings Changes

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

Vodafone Group Public Stock Up 0.6%

The company has a 50-day moving average of GBX 102.81 and a two-hundred day moving average 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 company has a market capitalization of £27.25 billion, a PE ratio of -7.03, a P/E/G ratio of 0.59 and a beta of 0.54.

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.