Analysts Set Vodafone Group Public Limited (NASDAQ:VOD) Price Target at $14.45

Vodafone Group Public Limited (NASDAQ:VOD) has been assigned an average rating of “Moderate Buy” from the five analysts that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $14.45.

Several equities research analysts have weighed in on the company. UBS Group cut Vodafone Group Public from a “buy” rating to a “neutral” rating in a report on Monday, August 5th. StockNews.com upgraded shares of Vodafone Group Public from a “hold” rating to a “buy” rating in a report on Friday, August 30th. Deutsche Bank Aktiengesellschaft started coverage on shares of Vodafone Group Public in a report on Thursday, June 20th. They issued a “buy” rating for the company. Finally, New Street Research raised shares of Vodafone Group Public to a “strong-buy” rating in a research note on Monday, July 8th.

Vodafone Group Public Stock Performance

Shares of VOD stock opened at $10.09 on Monday. Vodafone Group Public has a fifty-two week low of $8.02 and a fifty-two week high of $10.39. The company has a current ratio of 1.31, a quick ratio of 1.29 and a debt-to-equity ratio of 0.79. The stock has a 50 day moving average price of $9.66 and a two-hundred day moving average price of $9.17.

Hedge Funds Weigh In On Vodafone Group Public

A number of hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC boosted its stake in shares of Vodafone Group Public by 116.7% in the 2nd quarter. GAMMA Investing LLC now owns 3,903 shares of the cell phone carrier’s stock worth $35,000 after buying an additional 2,102 shares during the last quarter. Asset Dedication LLC boosted its position in Vodafone Group Public by 630.9% in the second quarter. Asset Dedication LLC now owns 4,634 shares of the cell phone carrier’s stock worth $41,000 after purchasing an additional 4,000 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of Vodafone Group Public during the 1st quarter valued at about $46,000. Hexagon Capital Partners LLC increased its position in shares of Vodafone Group Public by 230.9% during the 1st quarter. Hexagon Capital Partners LLC now owns 5,410 shares of the cell phone carrier’s stock valued at $48,000 after purchasing an additional 3,775 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new position in shares of Vodafone Group Public in the second quarter worth approximately $49,000. Hedge funds and other 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.