Vodafone Group Public’s (VOD) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Vodafone Group Public (LON:VOD)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Friday, Digital Look reports. They currently have a GBX 160 price objective on the cell phone carrier’s stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 35.19% from the stock’s current price.

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

Vodafone Group Public Stock Performance

VOD stock opened at GBX 118.35 on Friday. The firm has a market cap of £27.42 billion, a price-to-earnings ratio of -71.73, a PEG ratio of 0.59 and a beta of 0.33. The firm has a 50-day simple moving average of GBX 122.80 and a two-hundred day simple moving average of GBX 115.97. Vodafone Group Public has a one year low of GBX 83.40 and a one 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.

Insiders Place Their Bets

In other Vodafone Group Public news, insider Stephen A. Carter acquired 2,961 shares of the stock in a transaction dated Friday, July 31st. The stock was purchased at an average price of GBX 118 per share, with a total value of £3,493.98. Also, insider Jean-François Van Boxmeer bought 22,076 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average price of GBX 122 per share, for a total transaction of £26,932.72. Insiders bought 25,904 shares of company stock worth $3,147,577 over the last quarter. Company insiders own 0.48% of the company’s stock.

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.