BidaskClub Upgrades Vodafone Group (NASDAQ:VOD) to “Buy”
Several other equities analysts have also recently weighed in on VOD. Exane BNP Paribas upgraded Vodafone Group from a neutral rating to an outperform rating in a report on Wednesday, September 11th. Bank of America reiterated a buy rating on shares of Vodafone Group in a report on Thursday, August 1st. BNP Paribas upgraded Vodafone Group from a neutral rating to an outperform rating in a report on Wednesday, September 11th. Morgan Stanley assumed coverage on Vodafone Group in a report on Wednesday, August 7th. They set an overweight rating on the stock. Finally, Zacks Investment Research cut Vodafone Group from a hold rating to a sell rating in a report on Saturday, October 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Vodafone Group has an average rating of Buy and an average target price of $19.12.
Shares of NASDAQ:VOD traded down $0.04 during trading on Thursday, hitting $20.18. 2,089,448 shares of the company’s stock traded hands, compared to its average volume of 4,264,969. Vodafone Group has a 52 week low of $15.53 and a 52 week high of $21.73. The company has a current ratio of 1.55, a quick ratio of 1.52 and a debt-to-equity ratio of 0.77. The company has a market cap of $53.94 billion, a price-to-earnings ratio of 33.63, a price-to-earnings-growth ratio of 1.23 and a beta of 0.80. The company has a 50-day moving average price of $19.48 and a 200-day moving average price of $17.82.
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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