Brokerage Firm Rating Update on Vodafone Group Plc (VOD)

Vodafone Group Plc (VOD) : The consensus on Vodafone Group Plc (VOD) based on 5 analyst recommendation on the company stock is 1.4, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Brokerage Firm, Citigroup, downgrades their rating on the shares of Vodafone Group Plc (NASDAQ:VOD). Citigroup has a Neutral rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on July 12, 2016.

Vodafone Group Plc (NASDAQ:VOD): stock was range-bound between the intraday low of $30.1501 and the intraday high of $30.588 after having opened at $30.53 on Wednesdays session. The stock finally closed in the red at $30.53, a loss of -1.47%. The stock remained in the red for the whole trading day. The total traded volume was 4,263,677 shares. The stock failed to cross $30.588 in Wednesdays trading. The stocks closing price on Thursday was $30.68.

Vodafone Group Plc (Vodafone) is a mobile communications company which provides services to mobile voice, messaging, data and fixed line. The Companys money transfer service, M-Pesa, enables people in emerging markets, to send and receive money through a mobile phone. The Company also has products such as international money transfer, savings and loans, salary disbursements and access to insurance products in different markets. Vodafone Red offers consumers and businesses a package with mobile data allowances, unlimited calls and texts, plus cloud and back-up services to secure personal data. Vodafone Cloud allows customers to store their personal digital content, such as contacts, photos and videos in the Vodafone network and to access it on the move from any connected device. Vodafone OneNet integrates landlines and mobiles providing a communication solution. Vodafone Secure Device Manager gives customer a way to manage many of their smart devices.

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