Vodafone Group Public (NASDAQ:VOD) Upgraded to “Buy” by StockNews.com

StockNews.com upgraded shares of Vodafone Group Public (NASDAQ:VOD) from a hold rating to a buy rating in a research note published on Friday.

A number of other research analysts have also recently issued reports on VOD. Deutsche Bank Aktiengesellschaft initiated coverage on Vodafone Group Public in a research report on Thursday, June 20th. They issued a buy rating on the stock. New Street Research upgraded shares of Vodafone Group Public to a strong-buy rating in a research report on Monday, July 8th. Finally, UBS Group lowered shares of Vodafone Group Public from a buy rating to a neutral rating in a research report on Monday, August 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average target price of $14.45.

Vodafone Group Public Trading Up 1.0 %

Shares of VOD stock opened at $9.77 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31. Vodafone Group Public has a fifty-two week low of $8.02 and a fifty-two week high of $10.19. The company has a market cap of $26.33 billion, a PE ratio of 8.96, a P/E/G ratio of 0.95 and a beta of 0.75. The stock’s fifty day moving average price is $9.25 and its two-hundred day moving average price is $8.98.

Institutional Investors Weigh In On Vodafone Group Public

A number of institutional investors have recently added to or reduced their stakes in VOD. GAMMA Investing LLC lifted its holdings in shares of Vodafone Group Public by 116.7% during the second quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock worth $35,000 after purchasing an additional 2,102 shares during the period. Asset Dedication LLC grew its position in shares of Vodafone Group Public by 630.9% in the 2nd quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock valued at $41,000 after buying an additional 4,000 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new stake in shares of Vodafone Group Public in the first quarter valued at about $46,000. First Horizon Advisors Inc. lifted its stake in shares of Vodafone Group Public by 581.7% in the fourth quarter. First Horizon Advisors Inc. now owns 5,351 shares of the cell phone carrier’s stock worth $47,000 after acquiring an additional 4,566 shares during the period. Finally, Hexagon Capital Partners LLC increased its position in Vodafone Group Public by 230.9% during the 1st quarter. Hexagon Capital Partners LLC now owns 5,410 shares of the cell phone carrier’s stock valued at $48,000 after purchasing an additional 3,775 shares during the period. 7.84% of the stock is owned by institutional investors.

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.