Vodafone Group plc with ticker (LON:VOD) now has a potential upside of 9.3% according to Barclays.
Barclays set a target price of 85 GBX for the company, which when compared to the Vodafone Group plc share price of 78 GBX at opening today (17/05/2024) indicates a potential upside of 9.3%. Trading has ranged between 63 (52 week low) and 85 (52 week high) with an average of 68,555,414 shares exchanging hands daily. The market capitalisation at the time of writing is £20,955,329,524.
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 9.3% potential upside indicated by Barclays
- Written by: Charlotte Edwards
Latest Company News
Vodafone Greece and PPC Group have agreed heads of terms for a potential 50:50 joint venture combining their FTTH networks and wholesale fibre businesses in Greece. The proposed JV would cover more than 1.6 million homes and offer wholesale open access to internet service providers, subject to due diligence, binding agreements and regulatory approvals.
Vodafone reported FY26 total revenue of €40.5 billion and organic service revenue growth of 5.4%, with improving performance in Germany, double-digit growth in Africa, and progress integrating VodafoneThree in the UK.
Vodafone Group Plc has agreed to buy out CK Hutchison Group Telecom Holding Limited from their joint venture, gaining full control of VodafoneThree as it accelerates 5G expansion and integration benefits.
Vodafone Egypt has acquired additional 1,800MHz spectrum as part of a government-led investment programme covering multiple frequency bands.
In Q3 FY26, Vodafone achieved strong service revenue growth across Europe and Africa, with continued momentum in Germany and Africa and good progress on the UK merger integration.
Vodafone Grouips' Vodacom Group Ltd has agreed to purchase an effective 20% shareholding in Safaricom, Kenya's largest telecoms operator.
