Vodafone Group Public Limited (LON:VOD) Given Consensus Rating of “Hold” by Analysts

Shares of Vodafone Group Public Limited (LON:VOD) have earned a consensus rating of “Hold” from the seven brokerages that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 108.80 ($1.37).

Several research firms have recently issued reports on VOD. Barclays decreased their price target on Vodafone Group Public from GBX 115 ($1.45) to GBX 100 ($1.26) in a research note on Monday, August 7th. Citigroup reiterated a “neutral” rating on shares of Vodafone Group Public in a research note on Tuesday, May 30th. Deutsche Bank Aktiengesellschaft decreased their price target on Vodafone Group Public from GBX 185 ($2.34) to GBX 155 ($1.96) in a research note on Friday, July 14th. JPMorgan Chase & Co. decreased their price target on Vodafone Group Public from GBX 95 ($1.20) to GBX 93 ($1.17) in a research note on Wednesday, August 16th. Finally, Berenberg Bank decreased their price target on Vodafone Group Public from GBX 95 ($1.20) to GBX 85 ($1.07) in a research note on Friday, June 30th.

Insiders Place Their Bets

In other Vodafone Group Public news, insider Margherita D. Valle sold 631,829 shares of the firm’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of GBX 73 ($0.92), for a total value of £461,235.17 ($582,514.74). Corporate insiders own 5.05% of the company’s stock.

Vodafone Group Public Stock Performance

Shares of VOD stock opened at GBX 73.22 ($0.92) on Friday. The company has a debt-to-equity ratio of 105.91, a current ratio of 0.89 and a quick ratio of 0.78. Vodafone Group Public has a fifty-two week low of GBX 69.73 ($0.88) and a fifty-two week high of GBX 112.72 ($1.42). The stock’s 50-day moving average is GBX 72.79 and its two-hundred day moving average is GBX 82.45. The firm has a market cap of £19.81 billion, a P/E ratio of 197.89, a PEG ratio of 0.59 and a beta of 0.58.

About Vodafone Group Public

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.