Price Don’t Lie: Vodafone Group Plc (ADR) Just Recorded A Sigfniciant Increase

Price Don't Lie: Vodafone Group Plc (ADR) Just Recorded A Sigfniciant Increase

The stock of Vodafone Group Plc (ADR) (NASDAQ:VOD) is a huge mover today! About 3.30M shares traded hands. Vodafone Group Plc (ADR) (NASDAQ:VOD) has declined 6.89% since March 1, 2016 and is downtrending. It has underperformed by 16.13% the S&P500.
The move comes after 8 months positive chart setup for the $78.25B company. It was reported on Oct, 4 by Barchart.com. We have $46.13 PT which if reached, will make NASDAQ:VOD worth $44.60 billion more.

Vodafone Group Plc (ADR) (NASDAQ:VOD) Ratings Coverage

Out of 3 analysts covering Vodafone Group PLC (ADR) (NASDAQ:VOD), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Vodafone Group PLC (ADR) has been the topic of 4 analyst reports since October 19, 2015 according to StockzIntelligence Inc. The company was upgraded on Wednesday, April 20 by Bank of America. The rating was initiated by Argus Research on Tuesday, September 20 with “Hold”. The rating was upgraded by Macquarie Research to “Outperform” on Monday, October 19. The stock has “Neutral” rating given by Macquarie Research on Monday, June 13.

According to Zacks Investment Research, “Vodafone AirTouch Plc is the world’s largest international mobile communications firm. Their primary operation is in digital and analog cellular telephone networks of Vodafone.”

Another recent and important Vodafone Group Plc (ADR) (NASDAQ:VOD) news was published by Investorplace.com which published an article titled: “Vodafone Group Plc (ADR) (VOD) Stock Pops on Strong Earnings” on May 17, 2016.

VOD Company Profile

Vodafone Group Plc (Vodafone), incorporated on July 17, 1984, is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). The Company’s divisions include Europe and AMAP. The Company’s Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe. The Other Europe includes the Netherlands, Portugal, Greece, Hungary and Romania, among others. The Company’s AMAP segment includes India, South Africa, Tanzania, Mozambique, Lesotho, Africa, Turkey, Australia, Egypt, Ghana, Kenya, New Zealand and Qatar, among others. The Firm provides a range of services, including voice, messaging and data across mobile and fixed networks.

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