Vodafone Group Public (LON:VOD) Price Target Raised to GBX 115 at Citigroup

Vodafone Group Public (LON:VOD) had its price objective increased by research analysts at Citigroup from GBX 100 to GBX 115 in a report issued on Wednesday,London Stock Exchange reports. The firm currently has a “neutral” rating on the cell phone carrier’s stock. Citigroup’s target price points to a potential downside of 1.02% from the company’s current price.

A number of other research analysts also recently commented on VOD. JPMorgan Chase & Co. increased their price target on Vodafone Group Public from GBX 71 to GBX 85 and gave the company an “underweight” rating in a report on Thursday, March 19th. 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. UBS Group reissued a “sell” rating and issued a GBX 82 price target on shares of Vodafone Group Public in a report on Friday, January 23rd. Finally, Berenberg Bank increased their price target on Vodafone Group Public from GBX 119 to GBX 123 and gave the company a “buy” rating in a report on Friday, March 20th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of GBX 111.

Vodafone Group Public Stock Up 0.6%

VOD traded up GBX 0.68 on Wednesday, reaching GBX 116.18. The company’s stock had a trading volume of 87,518,492 shares, compared to its average volume of 84,155,563. The stock has a market cap of £26.82 billion, a price-to-earnings ratio of -7.02, a price-to-earnings-growth ratio of 0.59 and a beta of 0.31. Vodafone Group Public has a 1 year low of GBX 67.80 and a 1 year high of GBX 120.95. The company has a debt-to-equity ratio of 102.06, a current ratio of 1.17 and a quick ratio of 0.78. The business’s 50 day moving average is GBX 112.75 and its 200 day moving average is GBX 100.77.

Vodafone Group Public Company Profile

Vodafone is a leading European and African telecoms company. We provide mobile and fixed services to over 340 million customers in 15 countries, partner with mobile networks in over 40 more and have one of the world’s largest IoT platforms. In Africa, our financial technology businesses serve almost 88 million customers across seven countries – managing more transactions than any other provider.

Our purpose is to connect for a better future by using technology to improve lives, businesses and help progress inclusive sustainable societies.