Analyst Rating Update on Vodafone Group Plc (VOD)

Vodafone Group Plc (VOD) has an average broker rating of 1.4, which is interpreted as a Strong Buy, as rated by 5 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Citigroup downgrades its ratings on Vodafone Group Plc (NASDAQ:VOD). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. 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): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.67 and $30.66 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $31.19, notching a gain of 1.33% for the day. The total traded volume was 6,296,931 . The stock had closed at $30.78 on the previous day.

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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