Vodafone Group (NASDAQ:VOD) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a report released on Friday.
VOD has been the subject of a number of other reports. Zacks Investment Research lowered shares of Vodafone Group from a “buy” rating to a “hold” rating in a research report on Sunday, January 21st. Raymond James Financial upgraded shares of Vodafone Group from a “market perform” rating to a “strong-buy” rating in a research report on Wednesday, January 17th. Bank of America reiterated a “buy” rating and issued a $37.26 price target on shares of Vodafone Group in a research report on Monday, February 5th. Barclays upgraded shares of Vodafone Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, December 8th. Finally, UBS Group reiterated a “buy” rating on shares of Vodafone Group in a research report on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $33.32.
Vodafone Group (NASDAQ:VOD) opened at $28.36 on Friday. The firm has a market cap of $75,850.00, a P/E ratio of -74.63, a price-to-earnings-growth ratio of 1.93 and a beta of 0.87. Vodafone Group has a 12-month low of $24.97 and a 12-month high of $32.75. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.96 and a quick ratio of 0.95.
Large investors have recently modified their holdings of the stock. Advisory Services Network LLC boosted its position in shares of Vodafone Group by 21.0% during the second quarter. Advisory Services Network LLC now owns 4,433 shares of the cell phone carrier’s stock worth $127,000 after acquiring an additional 768 shares during the last quarter. Truewealth LLC purchased a new stake in Vodafone Group during the fourth quarter valued at $142,000. Proficio Capital Partners LLC raised its stake in Vodafone Group by 60.9% during the fourth quarter. Proficio Capital Partners LLC now owns 4,641 shares of the cell phone carrier’s stock valued at $148,000 after purchasing an additional 1,757 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new stake in Vodafone Group during the third quarter valued at $151,000. Finally, Global Trust Asset Management LLC purchased a new stake in Vodafone Group during the fourth quarter valued at $171,000. Hedge funds and other institutional investors own 10.35% of the company’s stock.
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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.
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