J P Morgan Chase & Co Reiterates “Buy” Rating for Vodafone Group PLC (VOD)

J P Morgan Chase & Co reiterated their buy rating on shares of Vodafone Group PLC (NASDAQ:VOD) in a report published on Wednesday.

A number of other research analysts have also weighed in on VOD. Goldman Sachs Group, Inc. (The) upgraded Vodafone Group PLC from a buy rating to a conviction-buy rating in a report on Wednesday, March 8th. Zacks Investment Research upgraded Vodafone Group PLC from a sell rating to a hold rating in a report on Wednesday, March 8th. Barclays PLC lowered Vodafone Group PLC from an overweight rating to an equal weight rating in a report on Friday, May 19th. Sanford C. Bernstein upgraded Vodafone Group PLC from a market perform rating to an outperform rating in a report on Tuesday, May 30th. Finally, Standpoint Research lowered Vodafone Group PLC from an accumulate rating to a reduce rating and set a $30.00 price target on the stock. in a report on Thursday, June 1st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. The company has an average rating of Buy and a consensus target price of $31.12.

Shares of Vodafone Group PLC (NASDAQ:VOD) opened at 28.86 on Wednesday. The company’s 50-day moving average is $28.59 and its 200-day moving average is $26.31. Vodafone Group PLC has a 1-year low of $24.17 and a 1-year high of $32.68. The stock’s market cap is $76.83 billion.

ILLEGAL ACTIVITY NOTICE: This report was first published by Ticker Report and is the property of of Ticker Report. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.tickerreport.com/banking-finance/2654515/j-p-morgan-chase-co-reiterates-buy-rating-for-vodafone-group-plc-vod.html.

The business also recently disclosed a semiannual dividend, which will be paid on Friday, August 4th. Investors of record on Friday, June 9th will be issued a $1.1234 dividend. This is a positive change from Vodafone Group PLC’s previous semiannual dividend of $0.56. This represents a yield of 7.74%. The ex-dividend date is Wednesday, June 7th.

Hedge funds have recently modified their holdings of the stock. CORDA Investment Management LLC. raised its stake in shares of Vodafone Group PLC by 7.6% in the first quarter. CORDA Investment Management LLC. now owns 662,097 shares of the cell phone carrier’s stock valued at $17,499,000 after buying an additional 46,875 shares during the period. M Holdings Securities Inc. raised its stake in shares of Vodafone Group PLC by 17.2% in the fourth quarter. M Holdings Securities Inc. now owns 19,237 shares of the cell phone carrier’s stock valued at $470,000 after buying an additional 2,828 shares during the period. Beech Hill Advisors Inc. bought a new stake in shares of Vodafone Group PLC during the first quarter valued at about $3,715,000. North Star Investment Management Corp. raised its stake in shares of Vodafone Group PLC by 17.9% in the first quarter. North Star Investment Management Corp. now owns 94,405 shares of the cell phone carrier’s stock valued at $2,495,000 after buying an additional 14,317 shares during the period. Finally, Trust Department MB Financial Bank N A raised its stake in shares of Vodafone Group PLC by 123.8% in the first quarter. Trust Department MB Financial Bank N A now owns 9,154 shares of the cell phone carrier’s stock valued at $242,000 after buying an additional 5,064 shares during the period. Hedge funds and other institutional investors own 10.46% of the company’s stock.

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.

Receive News & Ratings for Vodafone Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vodafone Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
President Trump Hurting Tourism in the U.S.
President Trump Hurting Tourism in the U.S.
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.