UBS Group set a GBX 187 ($2.44) target price on Vodafone Group (LON:VOD) in a research note released on Thursday morning, Borsen Zeitung reports.
Several other research analysts also recently weighed in on the stock. JPMorgan Chase & Co. reduced their price target on shares of Vodafone Group from GBX 197 ($2.57) to GBX 165 ($2.16) and set an overweight rating for the company in a research report on Thursday, July 1st. Credit Suisse Group set a GBX 150 ($1.96) price objective on shares of Vodafone Group in a report on Monday, July 26th. Berenberg Bank set a GBX 155 ($2.03) price objective on shares of Vodafone Group in a report on Thursday, September 2nd. Morgan Stanley set a GBX 180 ($2.35) price objective on shares of Vodafone Group in a report on Friday, July 9th. Finally, Barclays increased their price objective on shares of Vodafone Group from GBX 165 ($2.16) to GBX 170 ($2.22) and gave the company an overweight rating in a report on Monday, July 26th. Fourteen research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Vodafone Group presently has an average rating of Buy and an average target price of GBX 172.92 ($2.26).
VOD opened at GBX 114.08 ($1.49) on Thursday. Vodafone Group has a twelve month low of GBX 100 ($1.31) and a twelve month high of GBX 157.52 ($2.06). The company has a quick ratio of 0.72, a current ratio of 0.99 and a debt-to-equity ratio of 124.99. The company has a 50-day moving average price of GBX 118.53 and a 200 day moving average price of GBX 126.54. The company has a market cap of £31.54 billion and a PE ratio of 381.13.
Vodafone Group Company Profile
Vodafone Group Plc 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.
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