Vodafone Group (NASDAQ:VOD) Downgraded by BidaskClub

Vodafone Group (NASDAQ:VOD) was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating in a report issued on Thursday, January 18th.

Several other equities research analysts also recently weighed in on the company. Raymond James Financial raised Vodafone Group from a “market perform” rating to a “strong-buy” rating in a report on Wednesday, January 17th. UBS Group restated a “buy” rating on shares of Vodafone Group in a research note on Monday, October 2nd. Goldman Sachs Group restated a “buy” rating on shares of Vodafone Group in a research note on Thursday, November 23rd. Zacks Investment Research cut Vodafone Group from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Finally, Barclays upgraded Vodafone Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, December 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Vodafone Group currently has a consensus rating of “Buy” and a consensus price target of $33.32.

Vodafone Group (NASDAQ:VOD) opened at $28.45 on Thursday. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $74,240.00, a P/E ratio of -74.87, a P/E/G ratio of 1.94 and a beta of 0.87. Vodafone Group has a fifty-two week low of $24.68 and a fifty-two week high of $32.75.

Institutional investors have recently bought and sold shares of the business. Alliancebernstein L.P. boosted its stake in Vodafone Group by 0.3% in the 2nd quarter. Alliancebernstein L.P. now owns 41,619 shares of the cell phone carrier’s stock worth $1,196,000 after buying an additional 105 shares during the last quarter. ETRADE Capital Management LLC boosted its stake in Vodafone Group by 0.3% in the 2nd quarter. ETRADE Capital Management LLC now owns 168,419 shares of the cell phone carrier’s stock worth $4,839,000 after buying an additional 433 shares during the last quarter. Clear Perspective Advisors LLC boosted its stake in Vodafone Group by 13.8% in the 2nd quarter. Clear Perspective Advisors LLC now owns 3,628 shares of the cell phone carrier’s stock worth $104,000 after buying an additional 440 shares during the last quarter. Toronto Dominion Bank boosted its stake in Vodafone Group by 2.8% in the 2nd quarter. Toronto Dominion Bank now owns 18,781 shares of the cell phone carrier’s stock worth $540,000 after buying an additional 514 shares during the last quarter. Finally, Logan Capital Management Inc. boosted its stake in Vodafone Group by 1.7% in the 2nd quarter. Logan Capital Management Inc. now owns 32,983 shares of the cell phone carrier’s stock worth $948,000 after buying an additional 556 shares during the last quarter. 10.36% of the stock is currently owned by institutional investors.

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About Vodafone Group

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 (NASDAQ:VOD)

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