UBS Group reaffirmed their buy rating on shares of Vodafone Group (NASDAQ:VOD) in a research report sent to investors on Tuesday, December 3rd, Borsen Zeitung reports.
A number of other equities research analysts also recently issued reports on the stock. Argus upped their price target on shares of Vodafone Group to $23.00 and gave the company a buy rating in a research note on Tuesday, October 22nd. Zacks Investment Research downgraded shares of Vodafone Group from a hold rating to a sell rating in a research note on Saturday, November 16th. BidaskClub downgraded shares of Vodafone Group from a hold rating to a sell rating in a research note on Saturday, November 16th. BNP Paribas upgraded shares of Vodafone Group from a neutral rating to an outperform rating in a research report on Wednesday, September 11th. Finally, ValuEngine upgraded shares of Vodafone Group from a sell rating to a hold rating in a research report on Thursday, November 14th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Vodafone Group has a consensus rating of Buy and an average price target of $20.12.
Vodafone Group stock traded up $0.21 during mid-day trading on Tuesday, reaching $19.62. 2,386,646 shares of the company’s stock traded hands, compared to its average volume of 3,010,847. The company has a market cap of $51.96 billion, a price-to-earnings ratio of 32.70, a PEG ratio of 1.65 and a beta of 0.76. The stock has a 50 day moving average of $19.70 and a two-hundred day moving average of $18.71. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 1.07. Vodafone Group has a 12-month low of $15.53 and a 12-month high of $21.72.
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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