Vodafone Group (NASDAQ:VOD) Earns “Buy” Rating from UBS Group

Vodafone Group (NASDAQ:VOD)‘s stock had its “buy” rating restated by stock analysts at UBS Group in a report issued on Tuesday, Borsen Zeitung reports.

A number of other equities research analysts have also issued reports on VOD. Exane BNP Paribas raised shares of Vodafone Group from a “neutral” rating to an “outperform” rating in a report on Wednesday, September 11th. BidaskClub cut shares of Vodafone Group from a “hold” rating to a “sell” rating in a research report on Saturday, November 16th. Zacks Investment Research downgraded shares of Vodafone Group from a “hold” rating to a “sell” rating in a research note on Saturday, November 16th. BNP Paribas upgraded shares of Vodafone Group from a “neutral” rating to an “outperform” rating in a report on Wednesday, September 11th. Finally, Morgan Stanley initiated coverage on shares of Vodafone Group in a report on Wednesday, August 7th. They issued an “overweight” rating on the stock. Three analysts have rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company. Vodafone Group currently has an average rating of “Hold” and a consensus target price of $20.12.

Shares of NASDAQ VOD traded down $0.25 during trading on Tuesday, hitting $18.93. 133,041 shares of the company were exchanged, compared to its average volume of 3,076,916. Vodafone Group has a 12-month low of $15.53 and a 12-month high of $21.72. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.96 and a current ratio of 0.99. The company has a fifty day moving average price of $20.34 and a 200-day moving average price of $18.31. The firm has a market capitalization of $53.05 billion, a PE ratio of 31.52, a P/E/G ratio of 1.70 and a beta of 0.77.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. CWM LLC raised its stake in shares of Vodafone Group by 219.8% in the 2nd quarter. CWM LLC now owns 10,544 shares of the cell phone carrier’s stock valued at $172,000 after acquiring an additional 7,247 shares during the period. Benjamin F. Edwards & Company Inc. lifted its stake in Vodafone Group by 103.9% during the third quarter. Benjamin F. Edwards & Company Inc. now owns 3,619 shares of the cell phone carrier’s stock worth $72,000 after purchasing an additional 1,844 shares in the last quarter. DRW Securities LLC boosted its position in shares of Vodafone Group by 30.0% during the second quarter. DRW Securities LLC now owns 660,144 shares of the cell phone carrier’s stock worth $10,780,000 after buying an additional 152,435 shares during the period. First Mercantile Trust Co. boosted its position in shares of Vodafone Group by 59.6% during the second quarter. First Mercantile Trust Co. now owns 34,667 shares of the cell phone carrier’s stock worth $566,000 after buying an additional 12,941 shares during the period. Finally, Parametric Portfolio Associates LLC boosted its position in shares of Vodafone Group by 65.1% during the third quarter. Parametric Portfolio Associates LLC now owns 3,156,554 shares of the cell phone carrier’s stock worth $62,847,000 after buying an additional 1,244,778 shares during the period. 8.09% of the stock is currently owned by institutional investors.

About Vodafone Group

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

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Analyst Recommendations for Vodafone Group (NASDAQ:VOD)

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