Vodafone Group (LON:VOD) Price Target Lowered to GBX 160 at DZ Bank
Vodafone Group (LON:VOD) had its price target decreased by DZ Bank from GBX 165 ($2.17) to GBX 160 ($2.10) in a research note issued to investors on Thursday, Stock Target Advisor reports. DZ Bank currently has a hold rating on the cell phone carrier’s stock.
Other research analysts have also recently issued research reports about the company. Barclays restated a buy rating and issued a GBX 190 ($2.50) target price on shares of Vodafone Group in a research note on Monday. Morgan Stanley set a GBX 215 ($2.83) target price on Vodafone Group and gave the company a buy rating in a research note on Tuesday, February 4th. Goldman Sachs Group set a GBX 190 ($2.50) target price on Vodafone Group and gave the company a buy rating in a research note on Wednesday, February 5th. Deutsche Bank restated a buy rating and issued a GBX 233 ($3.06) target price on shares of Vodafone Group in a research note on Thursday, February 6th. Finally, HSBC set a GBX 185 ($2.43) target price on Vodafone Group and gave the company a buy rating in a research note on Thursday. One analyst has rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 194.63 ($2.56).
Shares of VOD traded down GBX 1.72 ($0.02) on Thursday, reaching GBX 150.04 ($1.97). The stock had a trading volume of 33,474,146 shares, compared to its average volume of 61,020,000. The firm has a market capitalization of $40.17 billion and a price-to-earnings ratio of -5.32. The company has a debt-to-equity ratio of 142.43, a quick ratio of 0.93 and a current ratio of 0.99. The company has a 50-day simple moving average of GBX 151.71 and a 200-day simple moving average of GBX 153.58. Vodafone Group has a 12-month low of GBX 1.69 ($0.02) and a 12-month 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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