Citigroup Reaffirms Neutral Rating for Vodafone Group Public (LON:VOD)

Vodafone Group Public (LON:VOD)‘s stock had its “neutral” rating reiterated by stock analysts at Citigroup in a report released on Friday, Digital Look reports. They currently have a GBX 70 ($0.90) target price on the cell phone carrier’s stock. Citigroup’s price target would indicate a potential downside of 0.96% from the stock’s previous close.

Separately, Barclays boosted their price target on shares of Vodafone Group Public from GBX 80 ($1.02) to GBX 85 ($1.09) and gave the company an “equal weight” rating in a research report on Wednesday, May 15th.

Vodafone Group Public Trading Down 0.8 %

Shares of VOD stock traded down GBX 0.54 ($0.01) during mid-day trading on Friday, reaching GBX 70.68 ($0.91). The stock had a trading volume of 152,342,484 shares, compared to its average volume of 85,965,539. The stock’s 50-day moving average price is GBX 71.88 and its two-hundred day moving average price is GBX 69.38. Vodafone Group Public has a 52-week low of GBX 62.71 ($0.80) and a 52-week high of GBX 82.56 ($1.06). The firm has a market capitalization of £19.13 billion, a PE ratio of 1,768.50, a price-to-earnings-growth ratio of 0.59 and a beta of 0.49. The company has a current ratio of 1.31, a quick ratio of 0.78 and a debt-to-equity ratio of 93.42.

Insider Activity at Vodafone Group Public

In other Vodafone Group Public news, insider Luka Mucic acquired 510,000 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The shares were acquired at an average price of GBX 76 ($0.97) per share, with a total value of £387,600 ($496,477.52). In other Vodafone Group Public news, insider Margherita D. Valle acquired 327,129 shares of the company’s stock in a transaction that occurred on Tuesday, June 25th. The shares were acquired at an average price of GBX 72 ($0.92) per share, with a total value of £235,532.88 ($301,694.48). Also, insider Luka Mucic acquired 510,000 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The shares were acquired at an average cost of GBX 76 ($0.97) per share, for a total transaction of £387,600 ($496,477.52). 8.26% of the stock is owned by corporate insiders.

Vodafone Group Public Company Profile

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.