Vodafone Group Public (LON:VOD) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Vodafone Group Public Limited (LON:VOD) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 85.51 and traded as high as GBX 95.80. Vodafone Group Public shares last traded at GBX 94.96, with a volume of 89,074,156 shares traded.

Analysts Set New Price Targets

VOD has been the subject of several recent analyst reports. Citigroup lifted their target price on shares of Vodafone Group Public from GBX 75 to GBX 85 and gave the stock a “neutral” rating in a research note on Tuesday, October 14th. Berenberg Bank raised their price objective on Vodafone Group Public from GBX 80 to GBX 82 and gave the stock a “hold” rating in a report on Friday, October 17th. UBS Group reaffirmed a “neutral” rating and issued a GBX 72 price objective on shares of Vodafone Group Public in a research report on Friday, November 7th. Deutsche Bank Aktiengesellschaft increased their target price on Vodafone Group Public from GBX 135 to GBX 140 and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Finally, JPMorgan Chase & Co. raised their price target on Vodafone Group Public from GBX 62 to GBX 71 and gave the stock an “underweight” rating in a research note on Friday, November 28th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of GBX 90.

Vodafone Group Public Stock Down 0.7%

The firm has a market capitalization of £22.55 billion, a PE ratio of -5.74, a price-to-earnings-growth ratio of 0.59 and a beta of 0.54. The company has a current ratio of 1.37, a quick ratio of 0.78 and a debt-to-equity ratio of 96.88. The firm has a 50-day moving average of GBX 90.79 and a two-hundred day moving average of GBX 85.51.

Insider Activity at Vodafone Group Public

In other news, insider Anne-Francoise Nesmes acquired 20,911 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were bought at an average cost of GBX 95 per share, for a total transaction of £19,865.45. 0.43% of the stock is currently owned by company insiders.

Vodafone Group Public Company Profile

Vodafone is a leading European and African telecoms company.

We serve over 355 million mobile and broadband customers, operating networks in 15 countries with investments in a further five and partners in over 40 more. Our undersea cables transport around a sixth of the world’s internet traffic, and we are developing a new direct-to-mobile satellite communications service to connect areas without coverage.