Vodafone Group Public (LON:VOD) Sets New 1-Year High – Should You Buy?

Shares of Vodafone Group Public Limited (LON:VOD) hit a new 52-week high on Tuesday . The stock traded as high as GBX 123.75 and last traded at GBX 122.71, with a volume of 120521133 shares changing hands. The stock had previously closed at GBX 120.15.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. UBS Group restated a “sell” rating and set a GBX 95 price target on shares of Vodafone Group Public in a research report on Monday, May 11th. Citigroup increased their price objective on Vodafone Group Public from GBX 100 to GBX 115 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 155 target price on shares of Vodafone Group Public in a report on Tuesday, May 12th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Vodafone Group Public presently has an average rating of “Hold” and a consensus target price of GBX 114.60.

Vodafone Group Public Price Performance

The stock has a market cap of £28.26 billion, a PE ratio of -74.37, a PEG ratio of 0.59 and a beta of 0.32. The business’s 50-day simple moving average is GBX 109.67 and its 200-day simple moving average is GBX 110.78. The company has a quick ratio of 0.78, a current ratio of 1.07 and a debt-to-equity ratio of 103.96.

Insider Activity

In other Vodafone Group Public news, insider Simon Segars purchased 50,000 shares of Vodafone Group Public stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average price of GBX 114 per share, for a total transaction of £57,000. 0.45% of the stock is owned by insiders.

About Vodafone Group Public

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.