Vodafone Group Public (NASDAQ:VOD) Upgraded to “Buy” at StockNews.com

StockNews.com upgraded shares of Vodafone Group Public (NASDAQ:VODGet Rating) from a hold rating to a buy rating in a research note published on Monday morning.

A number of other research analysts have also recently weighed in on VOD. JPMorgan Chase & Co. lowered their price objective on Vodafone Group Public from GBX 165 ($1.94) to GBX 120 ($1.41) in a research report on Wednesday, October 5th. Morgan Stanley lowered their price target on Vodafone Group Public from GBX 180 ($2.12) to GBX 155 ($1.82) in a report on Wednesday, September 7th. Sanford C. Bernstein cut Vodafone Group Public from an outperform rating to a market perform rating in a report on Monday, August 1st. Oddo Bhf raised Vodafone Group Public from a neutral rating to an outperform rating in a report on Tuesday, October 4th. Finally, UBS Group lowered their price target on Vodafone Group Public from GBX 146 ($1.72) to GBX 143 ($1.68) in a report on Tuesday, July 26th. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Vodafone Group Public has an average rating of Hold and a consensus target price of $148.83.

Vodafone Group Public Stock Down 1.3 %

VOD stock opened at $12.31 on Monday. Vodafone Group Public has a twelve month low of $10.85 and a twelve month high of $19.05. The company has a quick ratio of 0.82, a current ratio of 0.85 and a debt-to-equity ratio of 1.02. The business’s 50-day moving average price is $11.90 and its 200-day moving average price is $14.01.

Hedge Funds Weigh In On Vodafone Group Public

Several large investors have recently modified their holdings of VOD. Tcwp LLC bought a new position in shares of Vodafone Group Public during the 1st quarter valued at approximately $26,000. Eagle Bay Advisors LLC bought a new position in Vodafone Group Public in the 2nd quarter valued at $26,000. Hexagon Capital Partners LLC bought a new position in Vodafone Group Public in the 2nd quarter valued at $29,000. Farmers & Merchants Trust Co of Chambersburg PA grew its position in Vodafone Group Public by 405.8% in the 2nd quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 1,932 shares of the cell phone carrier’s stock valued at $30,000 after acquiring an additional 1,550 shares during the last quarter. Finally, CX Institutional bought a new position in Vodafone Group Public in the 2nd quarter valued at $34,000. Institutional investors own 8.66% of the company’s stock.

Vodafone Group Public Company Profile

(Get Rating)

Vodafone Group Public Limited Company 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.

Further Reading

Analyst Recommendations for Vodafone Group Public (NASDAQ:VOD)

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