Vodafone Group Public (LON:VOD) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Vodafone Group Public Limited (LON:VOD)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 92.31 and traded as high as GBX 115. Vodafone Group Public shares last traded at GBX 111.55, with a volume of 69,578,781 shares changing hands.

Analyst Ratings Changes

A number of research analysts have issued reports on VOD shares. Berenberg Bank upped their target price on shares of Vodafone Group Public from GBX 80 to GBX 82 and gave the company a “hold” rating in a research report on Friday, October 17th. UBS Group restated a “sell” rating and issued a GBX 82 price objective on shares of Vodafone Group Public in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Vodafone Group Public from GBX 140 to GBX 150 and gave the company a “buy” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. upped their target price on shares of Vodafone Group Public from GBX 62 to GBX 71 and gave the company an “underweight” rating in a research report on Friday, November 28th. Finally, Citigroup raised their price target on Vodafone Group Public from GBX 75 to GBX 85 and gave the stock a “neutral” rating in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of GBX 94.

Vodafone Group Public Price Performance

The company has a 50 day moving average of GBX 100.84 and a 200 day moving average of GBX 92.31. 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 market cap of £26.12 billion, a price-to-earnings ratio of -6.74, a P/E/G ratio of 0.59 and a beta of 0.54.

Insider Buying and Selling at Vodafone Group Public

In other Vodafone Group Public news, insider Anne-Francoise Nesmes acquired 20,911 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The stock was acquired at an average cost of GBX 95 per share, for a total transaction of £19,865.45. 0.43% of the stock is owned by company insiders.

About Vodafone Group Public

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.