Vodafone Group PLC (NASDAQ:VOD) was downgraded by stock analysts at BNP Paribas from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Monday.

A number of other brokerages have also commented on VOD. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Vodafone Group PLC in a report on Thursday, October 13th. Beaufort Securities reaffirmed a “buy” rating on shares of Vodafone Group PLC in a report on Monday, October 10th. Barclays PLC reaffirmed a “buy” rating on shares of Vodafone Group PLC in a report on Tuesday, October 4th. HSBC reaffirmed a “buy” rating on shares of Vodafone Group PLC in a report on Wednesday, September 28th. Finally, Deutsche Bank AG reaffirmed a “buy” rating on shares of Vodafone Group PLC in a report on Tuesday, September 13th. Four research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $30.52.

Analyst Recommendations for Vodafone Group PLC (NASDAQ:VOD)

Shares of Vodafone Group PLC (NASDAQ:VOD) traded down 0.70% on Monday, reaching $25.51. 6,257,371 shares of the company’s stock were exchanged. Vodafone Group PLC has a 12 month low of $25.37 and a 12 month high of $34.70. The firm’s 50-day moving average price is $0.00 and its 200 day moving average price is $0.00.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VOD. Washington Trust Bank raised its stake in shares of 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 in the last quarter. Joel Isaacson & Co. LLC increased its position in 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 valued at $113,000 after buying an additional 427 shares during the last quarter. Security National Trust Co. increased its position in 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 valued at $123,000 after buying an additional 195 shares during the last quarter. Bruderman Asset Management LLC increased its position in 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 valued at $125,000 after buying an additional 1,290 shares during the last quarter. Finally, Seven Eight Capital LLC acquired a new position in Vodafone Group PLC during the second quarter valued at $126,000. 9.77% of the stock is currently owned by institutional investors.

Vodafone Group PLC Company Profile

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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