Vodafone Group Public Limited (NASDAQ:VOD) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Vodafone Group Public Limited (NASDAQ:VOD) has earned an average recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of brokerages recently issued reports on VOD. DZ Bank upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, March 7th. StockNews.com downgraded Vodafone Group Public from a “buy” rating to a “hold” rating in a research note on Monday, March 24th. Bank of America lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a research report on Monday, March 24th. Finally, The Goldman Sachs Group lowered Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, December 9th.

Institutional Trading of Vodafone Group Public

A number of institutional investors have recently added to or reduced their stakes in VOD. Smartleaf Asset Management LLC grew its position in Vodafone Group Public by 63.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,881 shares of the cell phone carrier’s stock worth $41,000 after buying an additional 1,899 shares in the last quarter. GeoWealth Management LLC grew its position in Vodafone Group Public by 258.0% during the fourth quarter. GeoWealth Management LLC now owns 5,180 shares of the cell phone carrier’s stock valued at $44,000 after acquiring an additional 3,733 shares during the last quarter. CoreCap Advisors LLC raised its position in Vodafone Group Public by 509.7% in the 4th quarter. CoreCap Advisors LLC now owns 6,829 shares of the cell phone carrier’s stock worth $58,000 after purchasing an additional 5,709 shares during the period. Parkside Financial Bank & Trust increased its holdings in shares of Vodafone Group Public by 912.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 7,212 shares of the cell phone carrier’s stock worth $61,000 after buying an additional 6,500 shares during the period. Finally, Pacific Center for Financial Services increased its stake in Vodafone Group Public by 33.0% in the 4th quarter. Pacific Center for Financial Services now owns 9,794 shares of the cell phone carrier’s stock worth $83,000 after purchasing an additional 2,428 shares during the period. Hedge funds and other institutional investors own 7.84% of the company’s stock.

Vodafone Group Public Trading Down 1.8 %

NASDAQ VOD opened at $8.35 on Tuesday. Vodafone Group Public has a 12 month low of $8.00 and a 12 month high of $10.39. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78. The business’s 50-day moving average price is $8.91 and its two-hundred day moving average price is $8.98. The firm has a market capitalization of $19.77 billion, a PE ratio of 7.32, a price-to-earnings-growth ratio of 0.66 and a beta of 0.58.

About Vodafone Group Public

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.