BidaskClub lowered shares of Vodafone Group (NASDAQ:VOD) from a hold rating to a sell rating in a report published on Friday.
A number of other analysts also recently issued reports on the stock. Barclays upgraded shares of Vodafone Group from an equal weight rating to an overweight rating in a report on Friday, December 8th. UBS Group reiterated a buy rating on shares of Vodafone Group in a report on Friday, October 27th. Raymond James Financial upgraded shares of Vodafone Group from a market perform rating to a strong-buy rating in a report on Wednesday, January 17th. Zacks Investment Research upgraded shares of Vodafone Group from a sell rating to a buy rating and set a $34.00 target price on the stock in a report on Friday, November 17th. Finally, Goldman Sachs Group restated a buy rating on shares of Vodafone Group in a report on Thursday, November 23rd. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of $33.32.
Shares of Vodafone Group (NASDAQ VOD) traded up $0.60 during midday trading on Friday, reaching $28.96. 2,770,000 shares of the company’s stock were exchanged, compared to its average volume of 4,550,000. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.95 and a current ratio of 0.96. The company has a market cap of $77,540.00, a P/E ratio of -76.21, a P/E/G ratio of 1.91 and a beta of 0.87. Vodafone Group has a one year low of $24.97 and a one year high of $32.75.
Institutional investors have recently bought and sold shares of the company. Advisory Services Network LLC boosted its stake in shares of Vodafone Group by 21.0% during the 2nd quarter. Advisory Services Network LLC now owns 4,433 shares of the cell phone carrier’s stock worth $127,000 after purchasing an additional 768 shares during the period. Truewealth LLC acquired a new position in Vodafone Group during the 4th quarter valued at approximately $142,000. Proficio Capital Partners LLC increased its stake in Vodafone Group by 60.9% during the 4th 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 acquired a new position in Vodafone Group during the 3rd quarter valued at approximately $151,000. Finally, Global Trust Asset Management LLC acquired a new position in Vodafone Group during the 4th quarter valued at approximately $171,000. Hedge funds and other institutional investors own 10.35% of the company’s stock.
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Vodafone Group 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.
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