Vodafone Group Public Limited (NASDAQ:VOD) Given Average Rating of “Moderate Buy” by Brokerages

Vodafone Group Public Limited (NASDAQ:VOD) has been given a consensus rating of “Moderate Buy” by the five ratings firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $14.45.

A number of equities analysts have recently weighed in on the company. StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. New Street Research raised Vodafone Group Public to a “strong-buy” rating in a research report on Monday, July 8th. Deutsche Bank Aktiengesellschaft initiated coverage on Vodafone Group Public in a research report on Thursday, June 20th. They set a “buy” rating for the company. Finally, UBS Group downgraded Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, August 5th.

Hedge Funds Weigh In On Vodafone Group Public

Institutional investors have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC acquired a new position in Vodafone Group Public in the 1st quarter valued at about $46,000. Stifel Financial Corp grew its position in Vodafone Group Public by 23.6% in the 4th quarter. Stifel Financial Corp now owns 532,381 shares of the cell phone carrier’s stock valued at $4,632,000 after acquiring an additional 101,553 shares in the last quarter. Acadian Asset Management LLC acquired a new position in Vodafone Group Public in the 1st quarter valued at about $1,151,000. ACR Alpine Capital Research LLC grew its position in shares of Vodafone Group Public by 40.4% during the first quarter. ACR Alpine Capital Research LLC now owns 21,608,956 shares of the cell phone carrier’s stock worth $192,320,000 after buying an additional 6,216,805 shares in the last quarter. Finally, Sei Investments Co. grew its position in shares of Vodafone Group Public by 353.6% during the first quarter. Sei Investments Co. now owns 136,789 shares of the cell phone carrier’s stock worth $1,217,000 after buying an additional 106,636 shares in the last quarter. 7.84% of the stock is owned by institutional investors and hedge funds.

Vodafone Group Public Trading Down 0.5 %

VOD opened at $10.01 on Monday. The stock has a market capitalization of $26.31 billion, a PE ratio of 9.10, a P/E/G ratio of 1.02 and a beta of 0.77. Vodafone Group Public has a one year low of $8.02 and a one year high of $10.39. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31. The business’s 50 day moving average price is $9.58 and its 200 day moving average price is $9.14.

Vodafone Group Public Company Profile

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services.