Shares of Vodafone Group PLC (NASDAQ:VOD) have been assigned a consensus recommendation of “Buy” from the sixteen research firms that are currently covering the company. Four analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $30.52.

Several brokerages have recently commented on VOD. BNP Paribas lowered Vodafone Group PLC from an “outperform” rating to a “neutral” rating in a research note on Monday, November 21st. Goldman Sachs Group Inc. raised Vodafone Group PLC from a “neutral” rating to a “buy” rating in a research note on Thursday, November 3rd. Credit Suisse Group AG reissued an “outperform” rating on shares of Vodafone Group PLC in a research note on Thursday, October 13th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Vodafone Group PLC in a research note on Thursday, October 13th. Finally, Beaufort Securities reissued a “buy” rating on shares of Vodafone Group PLC in a research note on Monday, October 10th.

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Several hedge funds have recently added to or reduced their stakes in the company. Morgan Stanley increased its stake in Vodafone Group PLC by 26.3% in the third quarter. Morgan Stanley now owns 12,976,510 shares of the cell phone carrier’s stock worth $378,265,000 after buying an additional 2,700,640 shares during the last quarter. Seminole Management Co. Inc. increased its stake in Vodafone Group PLC by 238.0% in the second quarter. Seminole Management Co. Inc. now owns 2,414,725 shares of the cell phone carrier’s stock worth $74,591,000 after buying an additional 1,700,311 shares during the last quarter. Wells Fargo & Company MN increased its stake in Vodafone Group PLC by 27.2% in the third quarter. Wells Fargo & Company MN now owns 7,799,564 shares of the cell phone carrier’s stock worth $227,357,000 after buying an additional 1,665,847 shares during the last quarter. Miller Howard Investments Inc. NY increased its stake in Vodafone Group PLC by 83.9% in the third quarter. Miller Howard Investments Inc. NY now owns 3,641,196 shares of the cell phone carrier’s stock worth $106,141,000 after buying an additional 1,661,527 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its stake in Vodafone Group PLC by 7.0% in the third quarter. Price T Rowe Associates Inc. MD now owns 23,474,587 shares of the cell phone carrier’s stock worth $684,284,000 after buying an additional 1,526,590 shares during the last quarter. Institutional investors and hedge funds own 10.15% of the company’s stock.

Vodafone Group PLC (NASDAQ:VOD) opened at 24.49 on Friday. The stock’s 50 day moving average price is $0.00 and its 200 day moving average price is $0.00. Vodafone Group PLC has a 52-week low of $24.51 and a 52-week high of $34.70.

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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