Vodafone Group Public (LON:VOD) Shares Up 0.4% – Here’s Why

Vodafone Group Public Limited (LON:VOD – Get Free Report) traded up 0.4% during trading on Monday. The stock traded as high as GBX 117.51 and last traded at GBX 117.02. Approximately 40,407,465 shares traded hands during trading, a decline of 51% from the average session volume of 82,589,789 shares. The stock had previously closed at GBX 116.50.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on VOD shares. Berenberg Bank raised Vodafone Group Public to a “buy” rating and boosted their price target for the company from GBX 123 to GBX 140 in a research note on Friday, October 2nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 160 price target on shares of Vodafone Group Public in a report on Friday, October 9th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of GBX 119.

View Our Latest Research Report on Vodafone Group Public

Vodafone Group Public Trading Up 0.4%

The company has a quick ratio of 0.78, a current ratio of 1.07 and a debt-to-equity ratio of 103.96. The stock has a market capitalization of £27.11 billion, a P/E ratio of -70.92, a P/E/G ratio of 0.59 and a beta of 0.32. The firm’s 50 day simple moving average is GBX 122.68 and its two-hundred day simple moving average is GBX 115.27.

Vodafone Group Public Company Profile

(Get Free Report)

everyone.connected

Vodafone is a leading European and African telecoms company.

We serve around 370 million mobile and broadband customers, operating networks in 17 countries with investments in a further three 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 eight African countries – managing more transactions than any other provider.
From the seabed to the stars, Vodafone’s mission is to connect everyone.
For more information, please visit www.vodafone.com follow us on X at @VodafoneGroup or connect with us on LinkedIn at www.linkedin.com/company/vodafone.

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