JPMorgan Chase & Co. Trims Vodafone Group Public (LON:VOD) Target Price to GBX 89

Vodafone Group Public (LON:VOD) had its price objective decreased by JPMorgan Chase & Co. from GBX 92 ($1.13) to GBX 89 ($1.09) in a research note published on Wednesday, Digital Look reports. JPMorgan Chase & Co. currently has a neutral rating on the cell phone carrier’s stock.

Other equities analysts also recently issued research reports about the stock. Citigroup started coverage on shares of Vodafone Group Public in a research note on Thursday, October 5th. They set a neutral rating for the company. Barclays reissued an equal weight rating and issued a GBX 95 ($1.17) target price on shares of Vodafone Group Public in a report on Monday, November 6th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock has an average rating of Hold and an average price target of GBX 108.90 ($1.34).

Vodafone Group Public Trading Up 2.5 %

VOD opened at GBX 75.05 ($0.92) on Wednesday. The company has a quick ratio of 0.78, a current ratio of 0.89 and a debt-to-equity ratio of 109.39. Vodafone Group Public has a 52 week low of GBX 69.73 ($0.86) and a 52 week high of GBX 103.24 ($1.27). The stock has a market cap of £20.32 billion, a PE ratio of 227.42, a PEG ratio of 0.59 and a beta of 0.51. The business has a 50 day moving average of GBX 77.12 and a 200-day moving average of GBX 76.63.

Vodafone Group Public Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, February 2nd. Stockholders of record on Thursday, November 23rd will be paid a dividend of €0.05 ($0.05) per share. This represents a dividend yield of 5.07%. The ex-dividend date of this dividend is Thursday, November 23rd. Vodafone Group Public’s dividend payout ratio is presently 2,424.24%.

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.