Numis Securities restated their buy rating on shares of Vodafone Group (LON:VOD) in a research note published on Wednesday morning, Digital Look reports.
Several other equities analysts have also recently weighed in on VOD. Credit Suisse Group set a GBX 210 ($2.74) price objective on shares of Vodafone Group and gave the stock a buy rating in a research report on Tuesday. Deutsche Bank reiterated a buy rating and set a GBX 250 ($3.27) price objective on shares of Vodafone Group in a research report on Wednesday. Barclays reiterated an overweight rating and set a GBX 200 ($2.61) price objective on shares of Vodafone Group in a research report on Tuesday. Berenberg Bank lowered their price objective on shares of Vodafone Group from GBX 243 ($3.18) to GBX 190 ($2.48) and set a buy rating on the stock in a research report on Monday. Finally, UBS Group reiterated a buy rating and set a GBX 209 ($2.73) price objective on shares of Vodafone Group in a research report on Tuesday. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the company’s stock. Vodafone Group has a consensus rating of Buy and an average price target of GBX 186.61 ($2.44).
LON VOD traded down GBX 1.22 ($0.02) on Wednesday, hitting GBX 124.78 ($1.63). 61,659,472 shares of the stock were exchanged, compared to its average volume of 61,020,000. Vodafone Group has a 52-week low of GBX 131 ($1.71) and a 52-week high of GBX 211.55 ($2.76). The company has a debt-to-equity ratio of 81.54, a quick ratio of 1.28 and a current ratio of 1.30. The stock has a market cap of $33.45 billion and a price-to-earnings ratio of -4.42.
In related news, insider David Thomas Nish bought 20,000 shares of the firm’s stock in a transaction on Wednesday, March 6th. The stock was bought at an average price of GBX 132 ($1.72) per share, with a total value of £26,400 ($34,496.28).
About Vodafone Group
Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.
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