Deutsche Bank Aktiengesellschaft Issues Positive Forecast for Vodafone Group Public (LON:VOD) Stock Price

Key Points

• Deutsche Bank Aktiengesellschaft raised its price objective on Vodafone to GBX 150 (from GBX 140) and kept a buy rating, which the report says implies about a 45% upside from the prior close.
• Analyst views are mixed: there is one Buy, three Hold and one Sell, giving Vodafone an average rating of Hold and an average price target of GBX 92, well below Deutsche Bank’s target.
• Insider Anne‑Francoise Nesmes bought 20,911 shares at GBX 95 in mid‑November, with insiders owning about 0.43% of the stock.

Vodafone Group Public (LON:VOD - Get Free Report) had its price objective upped by stock analysts at Deutsche Bank Aktiengesellschaft from GBX 140 to GBX 150 in a research report issued on Thursday,Digital Look reports. The firm currently has a "buy" rating on the cell phone carrier's stock. Deutsche Bank Aktiengesellschaft's price target suggests a potential upside of 45.00% from the stock's previous close.

A number of other equities analysts have also weighed in on the company. Citigroup upped their price objective on Vodafone Group Public from GBX 75 to GBX 85 and gave the stock a "neutral" rating in a research note on Tuesday, October 14th. Berenberg Bank upped their target price on Vodafone Group Public from GBX 80 to GBX 82 and gave the stock a "hold" rating in a research note on Friday, October 17th. JPMorgan Chase & Co. raised their target price on Vodafone Group Public from GBX 62 to GBX 71 and gave the stock an "underweight" rating in a research note on Friday, November 28th. Finally, UBS Group reissued a "neutral" rating and issued a GBX 72 target price on shares of Vodafone Group Public in a report on Friday, November 7th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Vodafone Group Public has an average rating of "Hold" and an average price target of GBX 92.

Vodafone Group Public Price Performance

Shares of LON:VOD opened at GBX 103.45 on Thursday. The firm has a 50 day simple moving average of GBX 96.49 and a 200 day simple moving average of GBX 89.69. The company has a market cap of £24.31 billion, a price-to-earnings ratio of -6.25, a PEG ratio of 0.59 and a beta of 0.54. 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 one year low of GBX 62.40 and a one year high of GBX 104.40.

Insider Transactions at Vodafone Group Public

In related news, insider Anne-Francoise Nesmes bought 20,911 shares of the company's stock in a transaction dated Friday, November 14th. The stock was purchased at an average price of GBX 95 per share, with a total value of £19,865.45. 0.43% of the stock is owned by corporate 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.