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

Vodafone Group Public (NASDAQ:VOD – Get Rating) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Friday.

Other equities analysts also recently issued reports about the stock. JPMorgan Chase & Co. cut their price target on shares of Vodafone Group Public from GBX 97 ($1.22) to GBX 95 ($1.20) in a report on Thursday, February 2nd. Citigroup began coverage on shares of Vodafone Group Public in a research note on Tuesday, April 4th. They issued a “neutral” rating on the stock. Bank of America raised shares of Vodafone Group Public from a “neutral” rating to a “buy” rating in a research report on Thursday, January 12th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Vodafone Group Public from GBX 215 ($2.71) to GBX 195 ($2.46) in a report on Monday, January 23rd. Finally, Barclays decreased their price target on shares of Vodafone Group Public from GBX 120 ($1.51) to GBX 115 ($1.45) in a research note on Thursday, February 2nd. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $134.71.

Vodafone Group Public Stock Performance

NASDAQ:VOD opened at $11.16 on Friday. Vodafone Group Public has a 1 year low of $9.94 and a 1 year high of $16.88. The firm’s fifty day simple moving average is $11.40 and its 200 day simple moving average is $11.32. The company has a current ratio of 0.88, a quick ratio of 0.85 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $30.21 billion, a PE ratio of 9.54, a PEG ratio of 4.21 and a beta of 0.77.

Hedge Funds Weigh In On Vodafone Group Public

A number of large investors have recently modified their holdings of VOD. Brinker Capital Investments LLC lifted its stake in Vodafone Group Public by 4.2% during the 1st quarter. Brinker Capital Investments LLC now owns 21,076 shares of the cell phone carrier’s stock valued at $350,000 after acquiring an additional 858 shares in the last quarter. BOK Financial Private Wealth Inc. lifted its stake in Vodafone Group Public by 50.9% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 2,668 shares of the cell phone carrier’s stock valued at $28,000 after acquiring an additional 900 shares in the last quarter. Highland Capital Management LLC lifted its stake in Vodafone Group Public by 2.7% during the 1st quarter. Highland Capital Management LLC now owns 35,173 shares of the cell phone carrier’s stock valued at $388,000 after acquiring an additional 940 shares in the last quarter. Parallel Advisors LLC lifted its stake in Vodafone Group Public by 41.0% during the 1st quarter. Parallel Advisors LLC now owns 3,295 shares of the cell phone carrier’s stock valued at $36,000 after acquiring an additional 958 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its stake in Vodafone Group Public by 2.5% during the 3rd quarter. CENTRAL TRUST Co now owns 39,176 shares of the cell phone carrier’s stock valued at $444,000 after acquiring an additional 969 shares in the last quarter. 9.03% of the stock is currently owned by institutional investors.

About Vodafone Group Public

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Vodafone Group Plc engages in telecommunication services in Europe and internationally. The firms 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.