Vodafone Group Public (LON:VOD) Given “Buy” Rating at Deutsche Bank Aktiengesellschaft

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

Separately, Berenberg Bank upgraded 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 report on Friday, October 2nd. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 119.

Vodafone Group Public Trading Down 4.9%

LON:VOD traded down GBX 6.05 during trading hours on Friday, hitting GBX 118.35. The company had a trading volume of 50,282,047 shares, compared to its average volume of 85,293,688. The company has a 50-day moving average of GBX 122.79 and a 200 day moving average of GBX 115.95. The company has a current ratio of 1.07, a quick ratio of 0.78 and a debt-to-equity ratio of 103.96. The company has a market cap of £27.42 billion, a P/E ratio of -71.73, a P/E/G ratio of 0.59 and a beta of 0.33. Vodafone Group Public has a 1 year low of GBX 83.40 and a 1 year high of GBX 132.07.

Insiders Place Their Bets

In other Vodafone Group Public news, insider Stephen A. Carter bought 2,961 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were acquired at an average price of GBX 118 per share, with a total value of £3,493.98. Also, insider Simon Dingemans acquired 867 shares of the business’s stock in a transaction on Thursday, July 30th. The shares were bought at an average cost of GBX 121 per share, for a total transaction of £1,049.07. Insiders purchased 25,904 shares of company stock valued at $3,147,577 over the last quarter. Corporate insiders own 0.48% of the company’s stock.

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.