ValuEngine Lowers Vodafone Group (NASDAQ:VOD) to Sell
Several other equities analysts have also recently issued reports on the company. Morgan Stanley assumed coverage on Vodafone Group in a research note on Wednesday, August 7th. They issued an overweight rating for the company. Exane BNP Paribas upgraded Vodafone Group from a neutral rating to an outperform rating in a research note on Wednesday, September 11th. Barclays reiterated an overweight rating on shares of Vodafone Group in a research note on Wednesday, October 30th. BidaskClub cut Vodafone Group from a buy rating to a hold rating in a research note on Tuesday, October 29th. Finally, Bank of America restated a buy rating on shares of Vodafone Group in a research note on Thursday, August 1st. Two research analysts have rated the stock with a sell rating, one has given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Vodafone Group has an average rating of Buy and a consensus target price of $95.78.
Shares of VOD opened at $20.68 on Tuesday. The stock has a 50-day simple moving average of $20.19 and a 200-day simple moving average of $18.09. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.52 and a current ratio of 1.55. The stock has a market capitalization of $55.81 billion, a PE ratio of 34.47, a PEG ratio of 1.32 and a beta of 0.80. Vodafone Group has a 1 year low of $15.53 and a 1 year high of $21.73.
About Vodafone Group
Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.
Further Reading: Does the discount rate affect the economy?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Vodafone Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group and related companies with MarketBeat.com's FREE daily email newsletter.