Vodafone Group Public (LON:VOD) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Vodafone Group Public Limited (LON:VOD)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 103.05 and traded as high as GBX 117.25. Vodafone Group Public shares last traded at GBX 117.25, with a volume of 48,292,086 shares.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on VOD shares. Deutsche Bank Aktiengesellschaft raised their price target on shares of Vodafone Group Public from GBX 140 to GBX 150 and gave the company a “buy” rating in a report on Thursday, January 22nd. Citigroup increased their price objective on shares of Vodafone Group Public from GBX 100 to GBX 115 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. UBS Group reissued a “sell” rating and issued a GBX 82 target price on shares of Vodafone Group Public in a research note on Friday, January 23rd. JPMorgan Chase & Co. lifted their target price on shares of Vodafone Group Public from GBX 71 to GBX 85 and gave the company an “underweight” rating in a report on Thursday, March 19th. Finally, Berenberg Bank upped their price target on shares of Vodafone Group Public from GBX 119 to GBX 123 and gave the stock a “buy” rating in a research report on Friday, March 20th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of GBX 111.

Vodafone Group Public Trading Down 0.7%

The firm has a fifty day moving average of GBX 113.12 and a 200 day moving average of GBX 103.05. The firm has a market capitalization of £26.88 billion, a PE ratio of -7.04, a P/E/G ratio of 0.59 and a beta of 0.31. The company has a debt-to-equity ratio of 102.06, a quick ratio of 0.78 and a current ratio of 1.17.

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.