Vodafone Group Public’s (VOD) “Buy” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Vodafone Group Public (LON:VOD)‘s stock had its “buy” rating reiterated by equities research analysts at Deutsche Bank Aktiengesellschaft in a report issued on Friday, Digital Look reports. They presently have a GBX 160 price objective on the cell phone carrier’s stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 36.81% from the stock’s current price.

Separately, Berenberg Bank raised shares of Vodafone Group Public to a “buy” rating and raised their price target for the stock from GBX 123 to GBX 140 in a research note on Friday, October 2nd. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Vodafone Group Public currently has a consensus rating of “Hold” and a consensus price target of GBX 119.

Vodafone Group Public Price Performance

Vodafone Group Public stock opened at GBX 116.95 on Friday. Vodafone Group Public has a 52 week low of GBX 83.40 and a 52 week high of GBX 132.07. The firm has a market capitalization of £27.09 billion, a PE ratio of -70.88, a P/E/G ratio of 0.59 and a beta of 0.33. The company has a quick ratio of 0.78, a current ratio of 1.07 and a debt-to-equity ratio of 103.96. The firm’s 50-day simple moving average is GBX 122.80 and its 200 day simple moving average is GBX 116.02.

Insiders Place Their Bets

In other Vodafone Group Public news, insider Margherita D. Valle sold 2,658,846 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of GBX 122, for a total value of £3,243,792.12. Also, insider Stephen A. Carter purchased 2,961 shares of the stock in a transaction on Friday, July 31st. The stock was acquired at an average price of GBX 118 per share, with a total value of £3,493.98. Over the last three months, insiders have bought 25,904 shares of company stock valued at $3,147,577. 0.48% of the stock is owned by corporate insiders.

Vodafone Group Public Company Profile

Vodafone is a leading European and African telecoms company.
We serve around 370 million mobile and broadband customers, operating networks in 15 countries with investments in a further four and partners in over 40 more. We have capacity on more than 70 subsea cable systems – the backbone of the internet – 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 over 240 million IoT connections globally, and we provide financial services to around 103 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.