Vodafone Group plc's (VOD) Buy Rating Reaffirmed at Beaufort Securities

Cornelia Mascio
Novembre 15, 2017

Vodafone Group Plc dipped to as low as $28.71 throughout the day and has returned 18.09% in this year. The normal reading of a stock will fall in the range of 30 to 70. The company's stock had a trading volume of 90,052,122 shares, compared to its average volume of 56,170,000. It has underperformed by 29.93% the S&P500.The move comes after 9 months positive chart setup for the $80.12 billion company. Revenue, on the other hand, scored 0.58% growth from the previous quarter, coming up with $1.39 billion.

This meant Vodafone was also able to upgrade its free cash flow forecast for 2018 to more than €5 billion (£4.45 billion), from the €4.9 billion (£4.36 billion) forecast in the City.

Magic Software Enterprises Ltd. (NASDAQ:MGIC)'s market cap, the total dollar value of all of their outstanding shares, is 389.67m. At the close of regular trading, its last week's stock price volatility was 0.88% which for the month reaches 1.06%. The share price has yet to cross its 20 days moving average, floating at a distance of -1.9% and sits 0.41% higher versus its 50 days moving average. Enstar Group Ltd. (ESGR) has risen 19.80% since November 14, 2016 and is uptrending. It has outperformed by 33.43% the S&P500.

Analysts await Matthews International Corp (NASDAQ:MATW) to report earnings on November, 16 after the close. YNDX's profit will be $48.85M for 52.10 P/E if the $0.15 EPS becomes a reality.

Harding Loevner Lp, which manages about $36.30 billion and $16.33 billion US Long portfolio, upped its stake in Weibo Corp (NASDAQ:WB) by 672,381 shares to 3.51 million shares, valued at $233.04 million in 2017Q2, according to the filing. This would have represented a 4% to 8% increase in Adjusted EBITDA.

Among 15 analysts covering Teradyne (NYSE:TER), 8 have Buy rating, 0 Sell and 7 Hold. (NASDAQ:YNDX), 6 have Buy rating, 0 Sell and 3 Hold. Goldman Sachs maintained the stock with "Conviction Buy" rating in Tuesday, April 25 report. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. UBS AG reaffirmed a "buy" rating on shares of Vodafone Group PLC in a research note on Monday, October 2nd. Citigroup downgraded the stock to "Neutral" rating in Friday, May 6 report. 1 is equivalent to a Strong Buy rating, 3 a hold rating, and 5 a Strong Sell rating. On Tuesday, January 26 the stock rating was maintained by Credit Suisse with "Outperform". With many stocks frequently hitting new milestone highs, investors may be scrambling to make sure that they aren't missing out on possible returns. A stock rating will usually tell the investor how well a stock's market value relates to what analysts believe is a fair value for the stock, based on an objective evaluation of the company.

Vodafone Group Plc (VOD)'s current session activity disclosed discouraging signal for active traders. Also Investorplace.com published the news titled: "Vodafone Group Stock Surges on Raised Outlook" on November 14, 2017. Oppenheimer & Co. Inc. increased its stake in VODAFONE GP PLC by 13.8% in the third quarter. Therefore 43% are positive.

On Monday, Vodafone Group Plc (NASDAQ:VOD) reached at $28.85 price level during last trade its distance from 20 days simple moving average is -0.55%, and its distance from 50 days simple moving average is 0.39% while it has a distance of 3.68% from the 200 days simple moving average. The rating was upgraded by Bank of America on Wednesday, August 9 to "Buy". The rating was maintained by Haitong Securities with "Neutral" on Monday, January 18. The firm has "Accumulate" rating by Standpoint Research given on Tuesday, January 3. The stock of Vodafone Group Plc (ADR) (NASDAQ:VOD) has "Reduce" rating given on Thursday, June 1 by Standpoint Research. The rating was maintained by BNP Paribas on Tuesday, March 14 with "Neutral". The company was downgraded on Friday, October 27 by Evercore.

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