Citigroup Reports Vodafone Group (LON:VOD) Downgrade; Torchlight Energy Resources Has 1 Sentiment

Vodafone Group Plc (LON:VOD) Logo

Torchlight Energy Resources Inc (TRCH) investors sentiment decreased to 1 in Q4 2017. It’s down -4.00, from 5 in 2017Q3. The ratio dived, as 5 institutional investors increased and started new stock positions, while 5 decreased and sold their stock positions in Torchlight Energy Resources Inc. The institutional investors in our database now possess: 4.29 million shares, down from 8.75 million shares in 2017Q3. Also, the number of institutional investors holding Torchlight Energy Resources Inc in top ten stock positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 3 Increased: 4 New Position: 1.

Citigroup decreased the shares of Vodafone Group (LON:VOD) to a “Neutral” rating in a an analyst note revealed on Friday, 18 May.

The stock decreased 1.46% or GBX 2.86 during the last trading session, reaching GBX 193.18. About 109.24 million shares traded or 69.70% up from the average. Vodafone Group Plc (LON:VOD) has 0.00% since May 20, 2017 and is . It has underperformed by 11.55% the S&P500.

Vodafone Group Plc operates as a telecommunications firm worldwide. The company has market cap of 51.53 billion GBP. 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.

Among 28 analysts covering Vodafone Group PLC (LON:VOD), 18 have Buy rating, 3 Sell and 7 Hold. Therefore 64% are positive. Vodafone Group PLC has GBX 315 highest and GBX 130 lowest target. GBX 245.50’s average target is 27.08% above currents GBX 193.18 stock price. Vodafone Group PLC had 364 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Thursday, June 29 by Goldman Sachs. The firm has “Buy” rating given on Tuesday, November 15 by Deutsche Bank. The rating was downgraded by Barclays Capital to “Equal Weight” on Friday, May 19. The firm has “Buy” rating given on Monday, July 24 by Goldman Sachs. Deutsche Bank maintained it with “Buy” rating and GBX 270 target in Wednesday, November 4 report. Deutsche Bank maintained the shares of VOD in report on Wednesday, June 15 with “Buy” rating. Macquarie Research maintained it with “Outperform” rating and GBX 235 target in Wednesday, November 4 report. The company was maintained on Thursday, February 18 by Haitong Securities. The rating was maintained by JP Morgan with “Overweight” on Tuesday, February 21. The firm has “Buy” rating by Nomura given on Wednesday, November 11.

Amg National Trust Bank holds 0.11% of its portfolio in Torchlight Energy Resources, Inc. for 1.26 million shares. Perkins Capital Management Inc owns 71,500 shares or 0.09% of their US portfolio. Moreover, Biltmore Wealth Management Llc has 0.08% invested in the company for 69,444 shares. The Florida-based Raymond James Financial Services Advisors Inc. has invested 0.01% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 13,750 shares.

Torchlight Energy Resources, Inc. engages in the acquisition, exploration, exploitation, and/or development of oil and natural gas properties in the United States. The company has market cap of $88.63 million. As of December 31, 2016 it had interests in three gas and oil projects, including the Orogrande project in Hudspeth County, Texas; Hazel project in Sterling, Tom Green, and Irion Counties, Texas; and Hunton wells in partnership with Husky Ventures in Central Oklahoma. It currently has negative earnings.

Another recent and important Torchlight Energy Resources, Inc. (NASDAQ:TRCH) news was published by Streetinsider.com which published an article titled: “Torchlight Energy Resources (TRCH) Buys Additional Delaware Basin Acreage, Announces Drilling in Its Winkler Project” on May 07, 2018.

Torchlight Energy Resources, Inc. (NASDAQ:TRCH) Institutional Positions Chart

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