Deutsche Bank restated their buy rating on shares of Vodafone Group (LON:VOD) in a research report released on Thursday morning, Borsen Zeitung reports. They currently have a GBX 250 ($3.27) target price on the cell phone carrier’s stock.
A number of other equities analysts also recently issued reports on VOD. Macquarie set a GBX 170 ($2.22) price objective on shares of Vodafone Group and gave the stock a buy rating in a report on Thursday, June 13th. UBS Group reaffirmed a buy rating and set a GBX 207 ($2.70) price objective (down from GBX 207 ($2.70)) on shares of Vodafone Group in a report on Wednesday, September 11th. Barclays reaffirmed an overweight rating and set a GBX 200 ($2.61) price objective on shares of Vodafone Group in a report on Monday, September 9th. Numis Securities reaffirmed a buy rating on shares of Vodafone Group in a report on Wednesday, May 15th. Finally, JPMorgan Chase & Co. set a GBX 209 ($2.73) price objective on shares of Vodafone Group and gave the stock a buy rating in a report on Friday, July 26th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and sixteen have given a buy rating to the company. The company presently has a consensus rating of Buy and an average price target of GBX 186.89 ($2.44).
VOD opened at GBX 161.42 ($2.11) on Thursday. The company has a debt-to-equity ratio of 90.23, a current ratio of 1.55 and a quick ratio of 1.39. The company has a market capitalization of $43.21 billion and a price-to-earnings ratio of -5.72. The firm’s fifty day moving average price is GBX 148.79 and its two-hundred day moving average price is GBX 138.58. Vodafone Group has a 1 year low of GBX 1.50 ($0.02) and a 1 year high of GBX 171.78 ($2.24).
About Vodafone Group
Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.
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