Vodafone Group Public (NASDAQ:VOD) Upgraded by DZ Bank to “Buy” Rating

Vodafone Group Public (NASDAQ:VOD) was upgraded by stock analysts at DZ Bank from a “hold” rating to a “buy” rating in a research report issued on Friday,Finviz reports.

Several other equities research analysts also recently commented on VOD. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a research note on Wednesday. The Goldman Sachs Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Two research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Vodafone Group Public currently has an average rating of “Moderate Buy”.

Vodafone Group Public Trading Down 0.2 %

Shares of VOD stock opened at $9.01 on Friday. Vodafone Group Public has a 1 year low of $8.00 and a 1 year high of $10.39. The firm’s fifty day simple moving average is $8.49 and its 200 day simple moving average is $9.08. The firm has a market capitalization of $22.88 billion, a P/E ratio of 7.90, a price-to-earnings-growth ratio of 0.66 and a beta of 0.75. The company has a current ratio of 1.37, a quick ratio of 1.34 and a debt-to-equity ratio of 0.78.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of VOD. Stifel Financial Corp boosted its stake in shares of Vodafone Group Public by 34.9% during the third quarter. Stifel Financial Corp now owns 778,068 shares of the cell phone carrier’s stock valued at $7,796,000 after purchasing an additional 201,360 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of Vodafone Group Public by 1,119.6% during the third quarter. Oppenheimer & Co. Inc. now owns 942,179 shares of the cell phone carrier’s stock valued at $9,441,000 after acquiring an additional 864,924 shares in the last quarter. Lester Murray Antman dba SimplyRich bought a new stake in shares of Vodafone Group Public during the fourth quarter valued at approximately $295,000. Goldentree Asset Management LP increased its holdings in shares of Vodafone Group Public by 1.9% during the third quarter. Goldentree Asset Management LP now owns 3,283,292 shares of the cell phone carrier’s stock valued at $32,898,000 after acquiring an additional 60,943 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in Vodafone Group Public by 9.0% during the fourth quarter. Allworth Financial LP now owns 27,103 shares of the cell phone carrier’s stock worth $227,000 after buying an additional 2,246 shares in the last quarter. Institutional investors own 7.84% of the company’s stock.

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.