UBS Group restated their buy rating on shares of Vodafone Group (LON:VOD) in a research note published on Wednesday, Borsen Zeitung reports. They currently have a GBX 200 ($2.63) price target on the cell phone carrier’s stock.
A number of other equities analysts have also commented on the company. Citigroup reaffirmed a buy rating and issued a GBX 185 ($2.43) price objective on shares of Vodafone Group in a research note on Tuesday, January 7th. Credit Suisse Group reaffirmed an outperform rating on shares of Vodafone Group in a research note on Friday, February 7th. Deutsche Bank reaffirmed a buy rating and issued a GBX 233 ($3.06) price objective on shares of Vodafone Group in a research note on Thursday, February 6th. Macquarie lifted their price objective on Vodafone Group from GBX 170 ($2.24) to GBX 175 ($2.30) and gave the stock an outperform rating in a research note on Friday, October 18th. Finally, HSBC raised Vodafone Group to a buy rating and cut their price objective for the stock from GBX 190 ($2.50) to GBX 185 ($2.43) in a research note on Friday, February 7th. One investment analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The company presently has an average rating of Buy and an average target price of GBX 194.63 ($2.56).
Vodafone Group stock opened at GBX 150.04 ($1.97) on Wednesday. The stock’s 50 day moving average is GBX 151.71 and its 200 day moving average is GBX 153.58. The company has a debt-to-equity ratio of 142.43, a current ratio of 0.99 and a quick ratio of 0.93. The firm has a market cap of $40.17 billion and a P/E ratio of -5.32. Vodafone Group has a one year low of GBX 1.69 ($0.02) and a one year high of GBX 185.05 ($2.43).
Vodafone Group Company Profile
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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