Vodafone Group (NASDAQ:VOD) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a report released on Thursday.

Other analysts have also issued reports about the stock. Raymond James Financial upgraded shares of Vodafone Group from a “market perform” rating to a “strong-buy” rating in a report on Wednesday. UBS Group reiterated a “buy” rating on shares of Vodafone Group in a research note on Monday, October 2nd. Goldman Sachs Group reiterated a “buy” rating on shares of Vodafone Group in a research note on Thursday, November 23rd. Zacks Investment Research lowered shares of Vodafone Group from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Finally, Barclays upgraded shares of Vodafone Group from an “equal weight” rating to an “overweight” rating in a research note on Friday, December 8th. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $32.14.

Shares of Vodafone Group (NASDAQ VOD) remained flat at $$31.58 on Thursday. 2,934,361 shares of the stock were exchanged, compared to its average volume of 2,880,000. The stock has a market capitalization of $83,670.00, a PE ratio of -83.11, a price-to-earnings-growth ratio of 2.20 and a beta of 0.94. Vodafone Group has a 52 week low of $24.31 and a 52 week high of $32.75. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 0.46.

A number of large investors have recently modified their holdings of VOD. Quantitative Systematic Strategies LLC purchased a new stake in shares of Vodafone Group during the third quarter worth approximately $1,316,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Vodafone Group by 47.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,013,916 shares of the cell phone carrier’s stock worth $86,590,000 after buying an additional 975,277 shares during the period. FDx Advisors Inc. increased its stake in shares of Vodafone Group by 7.6% during the third quarter. FDx Advisors Inc. now owns 173,979 shares of the cell phone carrier’s stock worth $4,951,000 after buying an additional 12,304 shares during the period. Cetera Investment Advisers purchased a new stake in shares of Vodafone Group during the second quarter worth approximately $1,456,000. Finally, Cable Hill Partners LLC purchased a new stake in shares of Vodafone Group during the third quarter worth approximately $343,000. Institutional investors own 10.23% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Vodafone Group (VOD) Downgraded by BidaskClub to “Hold”” was first posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece of content can be viewed at https://theolympiareport.com/2018/01/20/vodafone-group-vod-downgraded-by-bidaskclub-to-hold.html.

Vodafone Group Company Profile

Vodafone Group Plc (Vodafone) is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.

Analyst Recommendations for Vodafone Group (NASDAQ:VOD)

Receive News & Ratings for Vodafone Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group and related companies with MarketBeat.com's FREE daily email newsletter.