Vodafone Group plc with ticker (LON:VOD) now has a potential downside of -1.9% according to Citigroup.
Citigroup set a target price of 68 GBX for the company, which when compared to the Vodafone Group plc share price of 69 GBX at opening today (05/04/2024) indicates a potential downside of -1.9%. Trading has ranged between 63 (52 week low) and 97 (52 week high) with an average of 95,333,110 shares exchanging hands daily. The market capitalisation at the time of writing is £18,647,288,165.
Vodafone Group Plc is a United Kingdom-based telecommunications company. The Company operates mobile and fixed networks in about 17 countries and has stakes in a further five countries through its joint ventures and associates. Its business consists of infrastructure assets, shared operations, growth platforms and retail and service operations. Its retail and service operations are split across three broad business lines: Europe Consumer, Vodafone Business and Africa Consumer. It provides a range of mobile and fixed line connectivity services in its European markets. It serves private and public sector customers of all sizes with a range of connectivity services, supported by its global network. It provides a range of mobile services. Together with VodaPay super-app and the M-Pesa payment platform, it is a provider of financial services, as well as business and merchant services in Africa. Its added services include consumer IoT propositions, as well as security and insurance products.
Vodafone Group plc -1.9% potential downside indicated by Citigroup
- Written by: Charlotte Edwards
Latest Company News
Vodafone delivered a solid first half with service revenue improving across the UK, Türkiye, Africa and Germany.
Vodafone Group and AST SpaceMobile have selected Germany as the location for their main Satellite Operations Centre, which will manage satellite connectivity for mobile network operators across Europe.
Vodafone Group has agreed to acquire 100% of Skaylink GmbH for €175 million, strengthening its position in cloud, security and digital transformation services.
Vodafone Group has published unaudited pro forma financial results for FY25 after completing the merger of Vodafone UK and Three UK on 31 May 2025. The figures show VodafoneThree generated €9.7 billion in revenue and €1.9 billion in Adjusted EBITDAaL during the year.
Vodafone Romania and Digi Romania have agreed to acquire separate parts of Telekom Romania Mobile Communications from OTE, with Vodafone taking the post-paid business for €30 million and Digi acquiring the pre-paid segment. Both will also gain spectrum and towers, with completion expected in October 2025.
Vodafone has agreed a multi-year partnership with UEFA and UC31 to support both women's and men's European football. The deal, running through to 2030, includes sponsorship of major women’s tournaments and official licensee rights for the UEFA Champions League in 2025-2027.
