The HSBC Downgrades VODAFONE GP PLC (VOD) to Hold

Vodafone Group PLC

Vodafone Group PLC

The company has market cap of $517.70 billion. Oppenheimer & Co. Inc. increased its stake in VODAFONE GP PLC by 13.8% in the third quarter. The value of the investment in Vodafone Grp Plc Ads went from $12,420,000 to $12,341,000 a change of 0.6% quarter to quarter. The stock decreased 0.80% or $0.74 on November 10, reaching $92.24.

About 2.82 million shares traded. Vodafone Group Plc dipped to as low as $28.71 throughout the day and has returned 18.09% in this year. It has underperformed by 29.93% the S&P500. It was previously expecting free cash flow of around €5 billion. The company has market cap of $79.81 billion. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 984 shares or 0% of the stock. Paradigm Asset Mngmt Co Limited Co stated it has 1,050 shares. TowneBank (NASDAQ:TOWN) has risen 40.97% since November 12, 2016 and is uptrending. It has outperformed by 3.10% the S&P500.

The Western Union Company (WU) remained successful in beating the consensus-estimated $0.45 as it actually earned $0.53 per share in its last reported financial results. After $0.13 actual EPS reported by Yandex NV for the previous quarter, Wall Street now forecasts 15.38% EPS growth.

Willingdon Wealth Management, which manages about $239.04 million and $251.82M US Long portfolio, upped its stake in Ishares Tr (PFF) by 95,826 shares to 101,833 shares, valued at $3.99 million in 2017Q2, according to the filing.

As pointed out by Vittorio Colao, who will celebrate his tenth anniversary as chief executive next year, this was the first time in recent history that Vodafone had been able to increase organic EBITDA guidance.

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Among 2 analysts covering Matthews International (NASDAQ:MATW), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 67% are positive. BNP Paribas maintained the shares of VOD in report on Wednesday, September 28 with "Outperform" rating. Finally, Macquarie reaffirmed an "underperform" rating on shares of Vodafone Group plc in a research report on Monday, September 4th. Citigroup downgraded the stock to "Neutral" rating in Friday, May 6 report. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock.

Equities researchers at Goldman Sachs now has a GBX 300.00 target on Vodafone Group (LON:VOD). Also Investorplace.com published the news titled: "Vodafone Group Stock Surges on Raised Outlook" on November 14, 2017.

The Cullen Capital Management Llc holds 81,620 shares with $2.35M value, up from 59,400 last quarter.

Vodafone Group plc (LON:VOD) has been assigned a GBX 265 ($3.49) price objective by Sanford C. Bernstein in a research report issued on Tuesday. Therefore 61% are positive. Vodafone Group PLC (ADR) had 12 analyst reports since October 19, 2015 according to SRatingsIntel. The rating was upgraded by Bank of America on Wednesday, August 9 to "Buy". The firm has "Hold" rating by HSBC given on Tuesday, January 17. The stock has "Buy" rating by Goldman Sachs on Tuesday, January 10. The company was initiated on Tuesday, January 3 by Standpoint Research. BidaskClub raised shares of Vodafone Group PLC from a "buy" rating to a "strong-buy" rating in a research note on Friday, August 4th. The company was downgraded on Wednesday, January 25 by Bank of America. The stock has "Reduce" rating by Standpoint Research on Thursday, June 1.

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