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Vodafone Group Public (LON:VOD) Share Price Passes Above Two Hundred Day Moving Average - Here's Why

Vodafone Group Public logo with Communication Services background
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Vodafone Group Public Limited (LON:VOD - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 103.05 and traded as high as GBX 117.25. Vodafone Group Public shares last traded at GBX 117.25, with a volume of 48,292,086 shares changing hands.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft increased their target price on Vodafone Group Public from GBX 140 to GBX 150 and gave the stock a "buy" rating in a research report on Thursday, January 22nd. Citigroup lifted their price target on Vodafone Group Public from GBX 100 to GBX 115 and gave the company a "neutral" rating in a report on Wednesday, April 15th. Berenberg Bank increased their price objective on shares of Vodafone Group Public from GBX 119 to GBX 123 and gave the stock a "buy" rating in a report on Friday, March 20th. UBS Group reissued a "sell" rating and issued a GBX 82 target price on shares of Vodafone Group Public in a research report on Friday, January 23rd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Vodafone Group Public from GBX 71 to GBX 85 and gave the company an "underweight" rating in a report on Thursday, March 19th. Two investment 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's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of GBX 111.

Get Our Latest Analysis on VOD

Vodafone Group Public Stock Down 0.7%

The stock has a market cap of £26.88 billion, a price-to-earnings ratio of -7.04, a PEG ratio of 0.59 and a beta of 0.31. The company has a quick ratio of 0.78, a current ratio of 1.17 and a debt-to-equity ratio of 102.06. The stock has a fifty day moving average of GBX 113.12 and a two-hundred day moving average of GBX 103.05.

About Vodafone Group Public

(Get Free Report)

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.

Further Reading

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