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

Vodafone Group Public (LON:VOD)‘s stock had its “buy” rating reissued by analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Friday, Digital Look reports. They presently have a GBX 160 target price on the cell phone carrier’s stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 35.19% from the stock’s previous close.

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

Vodafone Group Public Price Performance

VOD traded down GBX 6.05 during midday trading on Friday, hitting GBX 118.35. The stock had a trading volume of 50,282,047 shares, compared to its average volume of 85,293,688. Vodafone Group Public has a 1 year low of GBX 83.40 and a 1 year high of GBX 132.07. The company has a debt-to-equity ratio of 103.96, a quick ratio of 0.78 and a current ratio of 1.07. The business has a fifty day moving average of GBX 122.80 and a 200 day moving average of GBX 115.97. The company has a market cap of £27.42 billion, a P/E ratio of -71.73, a price-to-earnings-growth ratio of 0.59 and a beta of 0.33.

Insider Transactions at Vodafone Group Public

In other Vodafone Group Public news, insider Margherita D. Valle sold 2,658,846 shares of the firm’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of GBX 122, for a total transaction of £3,243,792.12. Also, insider Simon Dingemans bought 867 shares of the company’s stock in a transaction dated Thursday, July 30th. The shares were acquired at an average price of GBX 121 per share, for a total transaction of £1,049.07. Insiders bought a total of 25,904 shares of company stock worth $3,147,577 over the last 90 days. 0.48% of the stock is currently owned by insiders.

About Vodafone Group Public

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.