Deutsche Bank Aktiengesellschaft Raises Vodafone Group Public (LON:VOD) Price Target to GBX 150

Vodafone Group Public (LON:VOD) had its price objective raised by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 140 to GBX 150 in a note issued to investors on Thursday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the cell phone carrier’s stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 44.23% from the stock’s previous close.

A number of other research firms also recently weighed in on VOD. Citigroup raised their price target on shares of Vodafone Group Public from GBX 75 to GBX 85 and gave the company a “neutral” rating in a research note on Tuesday, October 14th. UBS Group reissued a “neutral” rating and issued a GBX 72 price objective on shares of Vodafone Group Public in a research note on Friday, November 7th. Berenberg Bank boosted their target price on shares of Vodafone Group Public from GBX 80 to GBX 82 and gave the stock a “hold” rating in a research note on Friday, October 17th. Finally, JPMorgan Chase & Co. upped their price target on shares of Vodafone Group Public from GBX 62 to GBX 71 and gave the stock an “underweight” rating in a report on Friday, November 28th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of GBX 94.

Vodafone Group Public Stock Performance

LON:VOD opened at GBX 104 on Thursday. The stock’s 50-day simple moving average is GBX 96.88 and its 200 day simple moving average is GBX 89.95. The firm has a market capitalization of £24.44 billion, a PE ratio of -6.28, a price-to-earnings-growth ratio of 0.59 and a beta of 0.54. The company has a quick ratio of 0.78, a current ratio of 1.37 and a debt-to-equity ratio of 96.88. Vodafone Group Public has a twelve month low of GBX 62.40 and a twelve month high of GBX 104.75.

Insiders Place Their Bets

In related news, insider Anne-Francoise Nesmes bought 20,911 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was acquired at an average cost of GBX 95 per share, with a total value of £19,865.45. 0.43% of the stock is owned by 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. Vodafone runs one of the world’s largest IoT platforms, with 215 million IoT connections globally, and we provide financial services to around 92 million customers across seven African countries – managing more transactions than any other provider.

From the seabed to the stars, Vodafone’s purpose is to keep everyone connected.

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.