Vodafone Group PLC (NASDAQ:VOD) Upgraded at BidaskClub

BidaskClub upgraded shares of Vodafone Group PLC (NASDAQ:VOD) from a sell rating to a hold rating in a report issued on Thursday, October 19th.

A number of other brokerages have also weighed in on VOD. Numis Securities Ltd initiated coverage on Vodafone Group PLC in a research note on Friday, July 14th. They set an add rating on the stock. J P Morgan Chase & Co reissued a buy rating on shares of Vodafone Group PLC in a research note on Monday, July 31st. Zacks Investment Research lowered Vodafone Group PLC from a strong-buy rating to a hold rating in a research note on Wednesday, October 18th. Bank of America Corporation raised Vodafone Group PLC from a neutral rating to a buy rating and set a $32.56 price target on the stock in a research note on Wednesday, August 9th. Finally, UBS AG reissued a buy rating on shares of Vodafone Group PLC in a research note on Monday, October 2nd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of $31.52.

Vodafone Group PLC (NASDAQ:VOD) traded up 0.14% during midday trading on Thursday, hitting $28.72. The company had a trading volume of 1,919,039 shares. The stock’s market cap is $76.46 billion. Vodafone Group PLC has a 52-week low of $24.17 and a 52-week high of $30.39. The stock’s 50-day moving average price is $28.63 and its 200-day moving average price is $28.51.

ILLEGAL ACTIVITY WARNING: “Vodafone Group PLC (NASDAQ:VOD) Upgraded at BidaskClub” was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this story on another website, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this story can be viewed at https://www.dispatchtribunal.com/2017/10/28/vodafone-group-plc-vod-lifted-to-hold-at-bidaskclub.html.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quantitative Systematic Strategies LLC acquired a new stake in Vodafone Group PLC in the 3rd quarter valued at $1,316,000. Arrowstreet Capital Limited Partnership increased its holdings in Vodafone Group PLC by 47.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,013,916 shares of the cell phone carrier’s stock valued at $86,590,000 after purchasing an additional 975,277 shares in the last quarter. Marble Harbor Investment Counsel LLC increased its holdings in Vodafone Group PLC by 3.4% in the 2nd quarter. Marble Harbor Investment Counsel LLC now owns 263,159 shares of the cell phone carrier’s stock valued at $7,561,000 after purchasing an additional 8,768 shares in the last quarter. Columbia Asset Management increased its holdings in Vodafone Group PLC by 47.5% in the 2nd quarter. Columbia Asset Management now owns 24,662 shares of the cell phone carrier’s stock valued at $708,000 after purchasing an additional 7,942 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in Vodafone Group PLC by 0.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 93,723 shares of the cell phone carrier’s stock valued at $2,693,000 after purchasing an additional 616 shares in the last quarter. Hedge funds and other institutional investors own 9.98% of the company’s stock.

Vodafone Group PLC Company Profile

Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.

Analyst Recommendations for Vodafone Group PLC (NASDAQ:VOD)

Receive News & Ratings for Vodafone Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply