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

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

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

Vodafone Group Public Trading Up 0.5 %

Shares of Vodafone Group Public stock 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’s fifty day simple moving average is $9.68 and its 200-day simple moving average is $9.18. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.29 and a current ratio of 1.31.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC increased its stake in Vodafone Group Public by 116.7% during the 2nd 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 in the last quarter. Asset Dedication LLC boosted its position in shares of Vodafone Group Public by 630.9% during the second quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock worth $41,000 after buying an additional 4,000 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of Vodafone Group Public during the first quarter worth about $46,000. Hexagon Capital Partners LLC raised its position in Vodafone Group Public by 230.9% in the 1st quarter. Hexagon Capital Partners LLC now owns 5,410 shares of the cell phone carrier’s stock valued at $48,000 after buying an additional 3,775 shares during the last quarter. Finally, Rothschild Investment LLC acquired a new position in Vodafone Group Public during the 2nd quarter worth approximately $49,000. 7.84% of the stock is owned by institutional investors and hedge funds.

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.