Vodafone Group Public (LON:VOD) Earns “Neutral” Rating from Citigroup

Vodafone Group Public (LON:VOD)‘s stock had its “neutral” rating restated by Citigroup in a note issued to investors 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 objective would indicate a potential downside of 0.96% from the stock’s current price.

Separately, Barclays raised their price objective on 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 Stock Down 0.8 %

VOD stock traded down GBX 0.54 ($0.01) during mid-day trading on Friday, reaching GBX 70.68 ($0.91). The company had a trading volume of 152,342,484 shares, compared to its average volume of 85,965,539. The company has a debt-to-equity ratio of 93.42, a current ratio of 1.31 and a quick ratio of 0.78. The stock has a 50 day simple moving average of GBX 71.88 and a two-hundred day simple moving average of GBX 69.38. The company has a market capitalization of £19.13 billion, a price-to-earnings ratio of 1,768.50, a PEG ratio of 0.59 and a beta of 0.49. 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).

Insider Activity

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

About Vodafone Group Public

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.