Vodafone Group Public (LON:VOD) Earns Overweight Rating from Morgan Stanley

Morgan Stanley reissued their overweight rating on shares of Vodafone Group Public (LON:VOD – Get Rating) in a research report report published on Thursday morning, Marketbeat Ratings reports.

A number of other brokerages have also recently commented on VOD. UBS Group set a GBX 147 ($1.92) target price on shares of Vodafone Group Public in a research report on Tuesday. Deutsche Bank Rese… set a GBX 225 ($2.93) target price on shares of Vodafone Group Public in a research report on Friday, April 1st. The Goldman Sachs Group set a GBX 185 ($2.41) target price on shares of Vodafone Group Public in a research report on Monday, April 4th. Berenberg Bank reduced their target price on shares of Vodafone Group Public from GBX 150 ($1.95) to GBX 145 ($1.89) and set a hold rating for the company in a research report on Tuesday, April 5th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Vodafone Group Public from GBX 230 ($3.00) to GBX 225 ($2.93) and set a buy rating for the company in a research report on Friday, April 1st. One analyst has rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of Buy and a consensus price target of GBX 171.21 ($2.23).

Shares of LON VOD opened at GBX 132.14 ($1.72) on Thursday. The firm has a 50-day simple moving average of GBX 129.15 and a 200-day simple moving average of GBX 120.03. The stock has a market capitalization of £37.47 billion and a price-to-earnings ratio of -264.28. The company has a quick ratio of 0.84, a current ratio of 0.91 and a debt-to-equity ratio of 125.83. Vodafone Group Public has a 52 week low of GBX 105 ($1.37) and a 52 week high of GBX 142.74 ($1.86).

About Vodafone Group Public (Get Rating)

Vodafone Group Public Limited Company engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers.

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