Vodafone Group Public - VOD Share Forecast, Price & News

Vodafone Group Public Limited Company engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers. It also provides value added services, such as Internet of Things (IoT) comprising logistics and fleet management, smart metering, insurance, cloud, and security services; and automotive and health solutions. In addition, the company offers M-Pesa, an African payment platform, which provides money transfer, financial, and business and merchant payment services; and various services to operators through its partner market agreements. Vodafone Group Public Limited Company has a strategic partnership with Open Fiber. As of March 31, 2022, it had approximately 323 million mobile customers, 28 million fixed broadband customers, and 22 million TV customers. The company was incorporated in 1984 and is based in Newbury, the United Kingdom.

Analyst Ratings Changes

A number of research firms recently weighed in on VOD. The Goldman Sachs Group set a GBX 175 ($2.11) price target on shares of Vodafone Group Public in a report on Monday, July 25th. UBS Group set a GBX 146 ($1.76) price target on shares of Vodafone Group Public in a report on Friday, May 27th. Credit Suisse Group set a GBX 140 ($1.69) price target on shares of Vodafone Group Public in a report on Tuesday, July 26th. Barclays reaffirmed an "equal weight" rating and set a GBX 140 ($1.69) price target on shares of Vodafone Group Public in a report on Tuesday, July 26th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 225 ($2.72) price objective on shares of Vodafone Group Public in a report on Tuesday, July 26th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 157.82 ($1.91).

Vodafone Group Public Stock Performance

Shares of LON:VOD traded up GBX 1.54 ($0.02) during midday trading on Tuesday, hitting GBX 122.56 ($1.48). The company's stock had a trading volume of 38,462,207 shares, compared to its average volume of 113,100,070. Vodafone Group Public has a 1-year low of GBX 105 ($1.27) and a 1-year high of GBX 141.60 ($1.71). The firm's fifty day moving average price is GBX 126.16 and its 200-day moving average price is GBX 127.01. The company has a debt-to-equity ratio of 126.82, a quick ratio of 0.69 and a current ratio of 0.85. The firm has a market cap of £34.23 billion and a P/E ratio of 2,017.00.

Vodafone Group Public Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, August 5th. Stockholders of record on Wednesday, June 1st were issued a €0.05 ($0.05) dividend. This represents a dividend yield of 3.18%. The ex-dividend date was Wednesday, June 1st. Vodafone Group Public's dividend payout ratio (DPR) is presently 150.00%.

Insider Activity

In related news, insider Margherita D. Valle sold 299,350 shares of Vodafone Group Public stock in a transaction dated Monday, June 27th. The shares were sold at an average price of GBX 127 ($1.53), for a total value of £380,174.50 ($459,369.86).