Citigroup Boosts Vodafone Group Public (LON:VOD) Price Target to GBX 115

Vodafone Group Public (LON:VOD) had its target price raised by research analysts at Citigroup from GBX 100 to GBX 115 in a research report issued on Wednesday, Marketbeat.com reports. The brokerage currently has a “neutral” rating on the cell phone carrier’s stock. Citigroup’s price objective points to a potential downside of 0.07% from the stock’s current price.

Several other equities analysts have also recently weighed in on VOD. JPMorgan Chase & Co. raised their target price on shares of Vodafone Group Public from GBX 71 to GBX 85 and gave the company an “underweight” rating in a research note on Thursday, March 19th. UBS Group reaffirmed a “sell” rating and set a GBX 82 price target on shares of Vodafone Group Public in a research report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft upped their price target on shares of Vodafone Group Public from GBX 140 to GBX 150 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Finally, Berenberg Bank upped their price target on shares of Vodafone Group Public from GBX 119 to GBX 123 and gave the stock a “buy” rating in a research report on Friday, March 20th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of GBX 111.

Vodafone Group Public Stock Down 0.8%

Vodafone Group Public stock opened at GBX 115.08 on Wednesday. The stock has a market capitalization of £26.57 billion, a PE ratio of -6.95, a price-to-earnings-growth ratio of 0.59 and a beta of 0.31. Vodafone Group Public has a twelve month low of GBX 67.80 and a twelve month high of GBX 120.95. The company has a quick ratio of 0.78, a current ratio of 1.17 and a debt-to-equity ratio of 102.06. The company has a 50 day moving average of GBX 112.80 and a 200-day moving average of GBX 100.98.

Vodafone Group Public Company Profile

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.