Vodafone Group Public (LON:VOD) Shares Climb 0.4% – Here’s Why

Vodafone Group Public Limited (LON:VOD)’s share price traded up 0.4% during trading on Monday. The company traded as high as GBX 117.51 and last traded at GBX 117.02. 40,407,465 shares were traded during mid-day trading, a decline of 51% from the average session volume of 82,589,789 shares. The stock had previously closed at GBX 116.50.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 160 target price on shares of Vodafone Group Public in a research report on Friday, October 9th. Berenberg Bank raised shares of Vodafone Group Public to a “buy” rating and lifted their price target for the company from GBX 123 to GBX 140 in a research report on Friday, October 2nd. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of GBX 119.

Vodafone Group Public Trading Up 0.4%

The company has a quick ratio of 0.78, a current ratio of 1.07 and a debt-to-equity ratio of 103.96. The firm’s 50-day moving average price is GBX 122.68 and its 200 day moving average price is GBX 115.27. The company has a market capitalization of £27.11 billion, a P/E ratio of -70.92, a P/E/G ratio of 0.59 and a beta of 0.32.

Vodafone Group Public Company Profile

everyone.connected

Vodafone is a leading European and African telecoms company.

We serve around 370 million mobile and broadband customers, operating networks in 17 countries with investments in a further three and partners in over 40 more. We have capacity on more than 70 subsea cable systems – the backbone of the internet – 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 over 240 million IoT connections globally, and we provide financial services to around 103 million customers across eight African countries – managing more transactions than any other provider.
From the seabed to the stars, Vodafone’s mission is to connect everyone.
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.