Are Vodafone Group Plc – American Depositary Shares each representing ten Ordinary Shares (NASDAQ:VOD) Shares Worth Your Time and Dime Following Recent Citigroup Downgrade?

May 17, 2018 - By Jeanette Kaplan

Vodafone Group Plc (NASDAQ:VOD) Logo

Vodafone Group Plc – American Depositary Shares each representing ten Ordinary Shares (NASDAQ:VOD) Receives a Downgrade

Citigroup decreased their rating for shares of Vodafone Group Plc – American Depositary Shares each representing ten Ordinary Shares (NASDAQ:VOD) from Buy to Neutral in analysts report that was revealed to investors on Thursday, 17 May.

Vodafone Group Plc (NASDAQ:VOD) Ratings Coverage

Among 4 analysts covering Vodafone Group (NASDAQ:VOD), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Vodafone Group had 5 analyst reports since December 8, 2017 according to SRatingsIntel. The company was upgraded on Friday, December 8 by Barclays Capital. The firm has “Buy” rating given on Wednesday, April 4 by Citigroup. As per Wednesday, May 16, the company rating was maintained by Bank of America. Raymond James upgraded Vodafone Group Plc (NASDAQ:VOD) on Wednesday, January 17 to “Buy” rating.

The stock increased 0.04% or $0.01 during the last trading session, reaching $26.61. About 4.60M shares traded or 47.84% up from the average. Vodafone Group Plc (NASDAQ:VOD) has risen 2.53% since May 18, 2017 and is uptrending. It has underperformed by 9.02% the S&P500.

Vodafone Group Plc operates as a telecommunications firm worldwide. The company has market cap of $70.27 billion. The firm offers voice, messaging, and data services across mobile and fixed networks; broadband and TV services; cloud and hosting for storing data and applications in the cloud, as well as Internet protocol-virtual private network services; roaming services; and converged communication services to small businesses and large multinational companies. It currently has negative earnings. It also provides M-Pesa, a mobile money service; GigaKombi; GigaTV, an advanced digital TV service; and Vodafone One, an integrated fixed, mobile, and TV service.

More important recent Vodafone Group Plc (NASDAQ:VOD) news were published by: Seekingalpha.com which released: “Vodafone: Slight Positive” on May 10, 2018, also Seekingalpha.com published article titled: “Vodafone Still Performing Relatively Well”, Seekingalpha.com published: “Vodafone falls 3% on CEO resignation” on May 15, 2018. More interesting news about Vodafone Group Plc (NASDAQ:VOD) was released by: 247Wallst.com and their article: “Celgene, NetEase Drop into Thursday’s 52-Week Low Club” with publication date: May 17, 2018.

Vodafone Group Plc (NASDAQ:VOD) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: