Vodafone Group Plc (NASDAQ:VOD) has been given an average recommendation of “Buy” by the seventeen research firms that are presently covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and twelve have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $134.71.
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Several equities analysts recently commented on VOD shares. Zacks Investment Research lowered Vodafone Group from a “hold” rating to a “sell” rating in a report on Saturday. Exane BNP Paribas raised Vodafone Group from a “neutral” rating to an “outperform” rating in a report on Wednesday, September 11th. ValuEngine raised Vodafone Group from a “sell” rating to a “hold” rating in a report on Thursday. UBS Group reissued a “buy” rating on shares of Vodafone Group in a report on Friday, November 8th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Vodafone Group in a report on Sunday, November 10th.
A number of large investors have recently bought and sold shares of the stock. Coastal Capital Group Inc. acquired a new position in Vodafone Group in the second quarter valued at $25,000. Lenox Wealth Advisors LLC acquired a new position in Vodafone Group in the third quarter valued at $33,000. Motco boosted its stake in Vodafone Group by 76.9% in the second quarter. Motco now owns 1,682 shares of the cell phone carrier’s stock valued at $27,000 after acquiring an additional 731 shares in the last quarter. Asset Dedication LLC boosted its stake in Vodafone Group by 72.3% in the second quarter. Asset Dedication LLC now owns 1,923 shares of the cell phone carrier’s stock valued at $31,000 after acquiring an additional 807 shares in the last quarter. Finally, Rational Advisors LLC boosted its stake in Vodafone Group by 4,686.7% in the second quarter. Rational Advisors LLC now owns 2,154 shares of the cell phone carrier’s stock valued at $35,000 after acquiring an additional 2,109 shares in the last quarter. 7.97% of the stock is currently owned by hedge funds and other institutional investors.
VOD traded down $0.66 during trading hours on Monday, reaching $19.85. The company’s stock had a trading volume of 5,198,700 shares, compared to its average volume of 2,783,514. The stock has a market cap of $56.51 billion, a PE ratio of 33.08, a P/E/G ratio of 1.56 and a beta of 0.80. The business’s 50-day moving average is $20.29 and its 200-day moving average is $18.17. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.99 and a quick ratio of 1.52. Vodafone Group has a fifty-two week low of $15.53 and a fifty-two week high of $21.73.
Vodafone Group Company Profile
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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