Today, Brokerages give average Rating of “Buy” to Vodafone Group PLC (VOD)

Today, Brokerages give average Rating of “Buy” to Vodafone Group PLC (VOD)
Shares of Vodafone Group PLC (NASDAQ:VOD) have earned a consensus recommendation of “Buy” from the sixteen analysts that are currently covering the firm. Four analysts have rated the stock with a hold recommendation and twelve have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $30.52.

Several equities research analysts have weighed in on the company. Goldman Sachs Group Inc. upgraded Vodafone Group PLC from a “neutral” rating to a “buy” rating in a report on Thursday, November 3rd. Deutsche Bank AG reiterated a “buy” rating on shares of Vodafone Group PLC in a report on Tuesday, September 13th. BNP Paribas cut Vodafone Group PLC from an “outperform” rating to a “neutral” rating in a report on Monday. Argus assumed coverage on Vodafone Group PLC in a report on Tuesday, September 20th. They issued a “hold” rating for the company. Finally, Barclays PLC reiterated a “buy” rating on shares of Vodafone Group PLC in a report on Tuesday, October 4th.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Washington Trust Bank increased its stake in Vodafone Group PLC by 25.8% in the third quarter. Washington Trust Bank now owns 3,791 shares of the cell phone carrier’s stock valued at $111,000 after buying an additional 778 shares during the last quarter. Joel Isaacson & Co. LLC increased its stake in shares of Vodafone Group PLC by 13.2% in the second quarter. Joel Isaacson & Co. LLC now owns 3,662 shares of the cell phone carrier’s stock worth $113,000 after buying an additional 427 shares during the last quarter. Security National Trust Co. increased its stake in shares of Vodafone Group PLC by 4.9% in the third quarter. Security National Trust Co. now owns 4,195 shares of the cell phone carrier’s stock worth $123,000 after buying an additional 195 shares during the last quarter. Bruderman Asset Management LLC increased its stake in shares of Vodafone Group PLC by 43.1% in the third quarter. Bruderman Asset Management LLC now owns 4,283 shares of the cell phone carrier’s stock worth $125,000 after buying an additional 1,290 shares during the last quarter. Finally, Seven Eight Capital LLC bought a new stake in shares of Vodafone Group PLC during the second quarter worth approximately $126,000. 9.77% of the stock is currently owned by institutional investors.

Vodafone Group PLC (NASDAQ:VOD) traded up 0.9542% during midday trading on Friday, hitting $25.1174. The company had a trading volume of 2,381,690 shares. Vodafone Group PLC has a 52 week low of $24.58 and a 52 week high of $34.70. The stock’s market capitalization is $66.71 billion. The stock has a 50 day moving average price of $27.18 and a 200-day moving average price of $30.14.

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