Vodafone Group Plc (ADR) Stock Rating Lowered by Goldman Sachs (VOD)
Vodafone Group Plc (ADR) (NYSE:VOD) was downgraded by research analysts at Goldman Sachs from a “buy” rating to a “neutral” rating in a report released on Wednesday, TheFlyOnTheWall.com reports.
Several other analysts have also recently commented on the stock. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of Vodafone Group Plc (ADR) in a research note on Tuesday, May 6th. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Vodafone Group Plc (ADR) in a research note on Wednesday, April 30th. Finally, analysts at Nomura reiterated a “neutral” rating on shares of Vodafone Group Plc (ADR) in a research note on Tuesday, April 22nd. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. Vodafone Group Plc (ADR) has a consensus rating of “Hold” and a consensus target price of $91.00.
Shares of Vodafone Group Plc (NYSE:VOD) traded up 0.03% on Wednesday, hitting $37.07. The stock had a trading volume of 4,339,868 shares. Vodafone Group Plc has a 52 week low of $27.5433 and a 52 week high of $42.14. The stock’s 50-day moving average is $36.71 and its 200-day moving average is $37.98. The company has a market cap of $98.269 billion and a P/E ratio of 2.88.
Vodafone Group Plc (NYSE:VOD), is a mobile communications company.
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