Vodafone Group Plc – Consensus Indicates Potential 60.3% Upside

Broker Ratings

Vodafone Group Plc found using ticker (VOD) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price ranges between 25.9 and 25.4 with a mean TP of 25.65. Now with the previous closing price of 16 this indicates there is a potential upside of 60.3%. The day 50 moving average is 16.69 and the 200 day moving average is 17.81. The market capitalisation for the company is $43,689m. Company Website: http://www.vodafone.com

Vodafone Group Plc engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers. It also provides value added services, such as Internet of Things (IoT) comprising logistics and fleet management, smart metering, insurance, cloud, and security services; and automotive and health solutions. In addition, the company offers M-Pesa, an African payment platform, which provides money transfer, financial, and business and merchant payment services; and various services to operators through its partner market agreements. Vodafone Group Plc has strategic partnerships with Open Fiber. As of March 31, 2021, it had approximately 315 million mobile customers, 28 million fixed broadband customers, and 22 million TV customers. The company was incorporated in 1984 and is based in Newbury, the United Kingdom.

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