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

Vodafone Group Public Limited (NASDAQ:VOD) has been assigned an average recommendation of “Moderate Buy” from the five brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $14.45.

A number of brokerages have issued reports on VOD. StockNews.com upgraded Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. New Street Research upgraded Vodafone Group Public to a “strong-buy” rating in a research report on Monday, July 8th. Deutsche Bank Aktiengesellschaft began coverage on Vodafone Group Public in a report on Thursday, June 20th. They issued a “buy” rating on the stock. Finally, UBS Group lowered shares of Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, August 5th.

Vodafone Group Public Price Performance

VOD opened at $10.09 on Monday. Vodafone Group Public has a 1-year low of $8.02 and a 1-year high of $10.39. The company has a 50 day simple moving average of $9.66 and a two-hundred day simple moving average of $9.17. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.79.

Hedge Funds Weigh In On Vodafone Group Public

Several institutional investors have recently added to or reduced their stakes in VOD. ACR Alpine Capital Research LLC raised its position in shares of Vodafone Group Public by 40.4% during the 1st quarter. ACR Alpine Capital Research LLC now owns 21,608,956 shares of the cell phone carrier’s stock valued at $192,320,000 after buying an additional 6,216,805 shares in the last quarter. Bank of Montreal Can lifted its stake in shares of Vodafone Group Public by 445.7% in the 2nd quarter. Bank of Montreal Can now owns 3,805,044 shares of the cell phone carrier’s stock valued at $34,055,000 after purchasing an additional 3,107,734 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in shares of Vodafone Group Public by 345.2% in the 2nd quarter. Hsbc Holdings PLC now owns 3,026,713 shares of the cell phone carrier’s stock worth $26,786,000 after purchasing an additional 2,346,815 shares during the period. Oppenheimer Asset Management Inc. increased its position in shares of Vodafone Group Public by 20.1% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 4,548,765 shares of the cell phone carrier’s stock valued at $40,484,000 after purchasing an additional 761,624 shares during the last quarter. Finally, Clifford Capital Partners LLC lifted its position in Vodafone Group Public by 30.1% in the second quarter. Clifford Capital Partners LLC now owns 2,012,210 shares of the cell phone carrier’s stock worth $17,848,000 after buying an additional 465,802 shares during the last quarter. Hedge funds and other institutional investors own 7.84% of the company’s stock.

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.