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.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on VOD shares. Berenberg Bank set a GBX 135 ($1.63) price objective on Vodafone Group Public in a research note on Monday, July 11th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 225 ($2.72) target price on shares of Vodafone Group Public in a research note on Tuesday, July 26th. JPMorgan Chase & Co. set a GBX 168 ($2.03) price target on shares of Vodafone Group Public in a research note on Tuesday, July 26th. Jefferies Financial Group set a GBX 122 ($1.47) price objective on Vodafone Group Public in a research note on Monday, July 25th. Finally, UBS Group set a GBX 146 ($1.76) target price on Vodafone Group Public in a research report on Friday, May 27th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 157.82 ($1.91).

Vodafone Group Public Price Performance

Vodafone Group Public stock traded down GBX 0.44 ($0.01) during midday trading on Monday, reaching GBX 121.14 ($1.46). 28,263,363 shares of the stock were exchanged, compared to its average volume of 111,163,445. The company's fifty day moving average is GBX 125.67 and its 200-day moving average is GBX 126.93. The company has a debt-to-equity ratio of 126.82, a quick ratio of 0.69 and a current ratio of 0.85. Vodafone Group Public has a 52 week low of GBX 105 ($1.27) and a 52 week high of GBX 141.60 ($1.71). The firm has a market cap of £33.83 billion and a PE ratio of 2,019.00.

Vodafone Group Public Dividend Announcement

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

Insider Buying and Selling at Vodafone Group Public

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