UBS Group Reiterates “Sell” Rating for Vodafone Group Public (LON:VOD)

Vodafone Group Public (LON:VOD)‘s stock had its “sell” rating reiterated by equities research analysts at UBS Group in a research report issued on Friday, MarketBeat.com reports. They presently have a GBX 82 price target on the cell phone carrier’s stock. UBS Group’s price target indicates a potential downside of 21.15% from the company’s current price.

Several other analysts have also recently commented on VOD. Citigroup upped their target price on Vodafone Group Public from GBX 75 to GBX 85 and gave the company a “neutral” rating in a report on Tuesday, October 14th. JPMorgan Chase & Co. raised their target price on Vodafone Group Public from GBX 62 to GBX 71 and gave the company an “underweight” rating in a research note on Friday, November 28th. Deutsche Bank Aktiengesellschaft boosted their price objective on Vodafone Group Public from GBX 140 to GBX 150 and gave the company a “buy” rating in a report on Thursday. Finally, Berenberg Bank increased their target price on Vodafone Group Public from GBX 80 to GBX 82 and gave the stock a “hold” rating in a report on Friday, October 17th. One 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. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of GBX 94.

Vodafone Group Public Trading Up 0.4%

VOD opened at GBX 104 on Friday. The company has a debt-to-equity ratio of 96.88, a current ratio of 1.37 and a quick ratio of 0.78. Vodafone Group Public has a fifty-two week low of GBX 62.40 and a fifty-two week high of GBX 104.75. The firm has a market capitalization of £24.44 billion, a price-to-earnings ratio of -6.28, a PEG ratio of 0.59 and a beta of 0.54. The company’s 50 day moving average price is GBX 96.88 and its two-hundred day moving average price is GBX 90.01.

Insider Activity at Vodafone Group Public

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