Beaufort Securities reiterated their buy rating on shares of Vodafone Group PLC (NASDAQ:VOD) in a research note published on Monday morning.

Several other analysts have also recently issued reports on the stock. Deutsche Bank AG reissued a buy rating on shares of Vodafone Group PLC in a research note on Tuesday, September 13th. Barclays PLC reissued an overweight rating on shares of Vodafone Group PLC in a research note on Wednesday, July 6th. HSBC reissued a buy rating on shares of Vodafone Group PLC in a research note on Wednesday, September 28th. JPMorgan Chase & Co. reissued a buy rating on shares of Vodafone Group PLC in a research note on Friday, September 2nd. Finally, Berenberg Bank reissued a buy rating on shares of Vodafone Group PLC in a research note on Sunday, August 14th. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of $30.52.

Shares of Vodafone Group PLC (NASDAQ:VOD) traded down 0.18% during mid-day trading on Monday, hitting $28.21. The stock had a trading volume of 1,457,672 shares. The company’s 50 day moving average price is $29.84 and its 200 day moving average price is $31.36. Vodafone Group PLC has a 12-month low of $27.92 and a 12-month high of $34.70. The stock’s market cap is $74.92 billion.

A number of hedge funds have recently added to or reduced their stakes in the stock. Advisory Services Network LLC raised its stake in Vodafone Group PLC by 120.7% in the third quarter. Advisory Services Network LLC now owns 25,971 shares of the cell phone carrier’s stock valued at $757,000 after buying an additional 14,205 shares in the last quarter. First Mercantile Trust Co. increased its stake in shares of Vodafone Group PLC by 16.0% in the third quarter. First Mercantile Trust Co. now owns 74,593 shares of the cell phone carrier’s stock valued at $2,174,000 after buying an additional 10,286 shares during the period. Bremer Trust National Association increased its stake in shares of Vodafone Group PLC by 21.0% in the third quarter. Bremer Trust National Association now owns 17,765 shares of the cell phone carrier’s stock valued at $518,000 after buying an additional 3,082 shares during the period. Stuart Chaussee & Associates Inc. increased its stake in shares of Vodafone Group PLC by 36.1% in the third quarter. Stuart Chaussee & Associates Inc. now owns 5,839 shares of the cell phone carrier’s stock valued at $170,000 after buying an additional 1,550 shares during the period. Finally, Monarch Capital Management Inc. increased its stake in shares of Vodafone Group PLC by 6.8% in the third quarter. Monarch Capital Management Inc. now owns 90,520 shares of the cell phone carrier’s stock valued at $2,639,000 after buying an additional 5,772 shares during the period. 9.54% of the stock is owned by institutional investors and hedge funds.

About Vodafone Group PLC

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.

5 Day Chart for NASDAQ:VOD

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