Vodafone Group Public (LON:VOD) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Vodafone Group Public Limited (LON:VOD - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 103.95 and traded as high as GBX 119.34. Vodafone Group Public shares last traded at GBX 118.65, with a volume of 60,116,273 shares traded.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on VOD shares. Berenberg Bank lifted their price target on shares of Vodafone Group Public from GBX 119 to GBX 123 and gave the company a "buy" rating in a research note on Friday, March 20th. Citigroup lifted their price target on shares of Vodafone Group Public from GBX 100 to GBX 115 and gave the company a "neutral" rating in a research note on Wednesday, April 15th. UBS Group reissued a "sell" rating and issued a GBX 82 price target on shares of Vodafone Group Public in a research note on Friday, January 23rd. Deutsche Bank Aktiengesellschaft lifted their price target 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. Finally, JPMorgan Chase & Co. lifted their price target on shares of Vodafone Group Public from GBX 71 to GBX 85 and gave the company an "underweight" rating in a research note on Thursday, March 19th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of GBX 111.

Vodafone Group Public Stock Up 1.0%

The business's 50 day moving average is GBX 113.14 and its 200-day moving average is GBX 103.95. The stock has a market cap of £27.35 billion, a price-to-earnings ratio of -7.17, a PEG ratio of 0.59 and a beta of 0.32. The company has a debt-to-equity ratio of 102.06, a quick ratio of 0.78 and a current ratio of 1.17.

Vodafone Group Public Company Profile

Vodafone is a leading European and African telecoms company. We provide mobile and fixed services to over 340 million customers in 15 countries, partner with mobile networks in over 40 more and have one of the world's largest IoT platforms. In Africa, our financial technology businesses serve almost 88 million customers across seven countries – managing more transactions than any other provider. Our purpose is to connect for a better future by using technology to improve lives, businesses and help progress inclusive sustainable societies.

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