Shares of Vodafone Group Plc (NASDAQ:VOD) have been given a consensus rating of “Buy” by the fifteen brokerages that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, ten have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $32.85.

A number of equities analysts recently issued reports on the stock. BidaskClub cut shares of Vodafone Group from a “sell” rating to a “strong sell” rating in a research note on Sunday, May 20th. ValuEngine upgraded shares of Vodafone Group from a “sell” rating to a “hold” rating in a research note on Thursday, July 5th. Argus lowered their target price on shares of Vodafone Group from $36.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday, June 13th. UBS Group restated a “buy” rating on shares of Vodafone Group in a research note on Tuesday, August 7th. Finally, Zacks Investment Research cut shares of Vodafone Group from a “hold” rating to a “sell” rating in a research note on Tuesday, July 17th.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Centaurus Financial Inc. purchased a new stake in Vodafone Group in the 1st quarter worth approximately $150,000. Strategic Wealth Advisors Group LLC increased its holdings in Vodafone Group by 122.8% in the 1st quarter. Strategic Wealth Advisors Group LLC now owns 23,068 shares of the cell phone carrier’s stock worth $641,000 after acquiring an additional 12,712 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in Vodafone Group by 48.7% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 14,702 shares of the cell phone carrier’s stock worth $409,000 after acquiring an additional 4,817 shares in the last quarter. Stevens Capital Management LP purchased a new stake in Vodafone Group in the 1st quarter worth approximately $2,076,000. Finally, Clifford Swan Investment Counsel LLC increased its holdings in Vodafone Group by 21.3% in the 1st quarter. Clifford Swan Investment Counsel LLC now owns 176,887 shares of the cell phone carrier’s stock worth $4,921,000 after acquiring an additional 31,081 shares in the last quarter. 10.08% of the stock is owned by hedge funds and other institutional investors.

Vodafone Group stock traded up $0.13 during mid-day trading on Wednesday, reaching $22.36. The stock had a trading volume of 4,784,805 shares, compared to its average volume of 4,161,899. The stock has a market cap of $58.52 billion, a price-to-earnings ratio of 16.44, a PEG ratio of 1.75 and a beta of 0.83. Vodafone Group has a one year low of $21.13 and a one year high of $32.75. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.97 and a quick ratio of 0.96.

Vodafone Group Company Profile

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

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Analyst Recommendations for Vodafone Group (NASDAQ:VOD)

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