The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 75.32
Bid: 75.30
Ask: 75.34
Change: 0.08 (0.11%)
Spread: 0.04 (0.053%)
Open: 75.00
High: 75.76
Low: 74.52
Prev. Close: 75.24
VOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Broker tips: Vodafone, Barclays, Kesa Electricals

Tue, 05th Apr 2011 12:31

Nomura slightly reduces its target price for telecoms titan Vodafone as consensus aligns to a more cautious margin outlook.The group sold its 44% holding in French mobile phone group SRF to media firm Vivendi on Monday for €7.75bn (£6.8bn) in cash, which the broker believes was a good price.With the disposal now removed as positive catalyst, Nomura thinks that Vodafone faces more difficult newsflow, such as a new telecom policy draft in India and a tough outlook in Spain. "There is scope for the stock to fall back towards 170p in the near-term," warns the broker.Even though the group expects the rate of margin decline to reduce over the coming years, the Japanese broker notes that it will not stabilise and forecasts a margin decline of 40 basis points (bp) for 2012 (previously a 10bp decrease).Nevertheless, Nomura stays with a 'buy', but cuts its target price by 2% to 215p, from 220p previously.Seymour Pierce keeps a 'hold' on banking giant Barclays, saying that it is uncertain about future growth in revenues.The broker highlighted the Financial Times article that said that Barclays is to increase risk appetite amid internal expectations that a return on equity of 7.2% (versus an end of cycle target of 13%) is likely to stay flat or even fall. "However, as no universal bank has been allowed to fail, no capacity has been taken out of the system, and the bank is facing an uncertain revenue outlook and strong competitive head winds from the likes of Citi, RBS, BoA ML and UBS - which all would have failed without government support, in our view. Instead these banks are competing for the same business as Barclays," said analyst Bruce Packard.Seymour Pierce remains sceptical over revenues and stays with its cautious recommendation and target price of 310p.UBS cuts its forecasts for consumer electronics retailer Kesa Electricals, the owner of the Comet chain, to reflect weaker trading in the UK after the surprise profit warning from peer Dixons.The broker lowers its 2011 pre-tax profit estimate by 8% to €92m, from €100m previously. €6m of the downgrade accounts for a tough environment in UK electricals since January, and a further €2m is attributed to Spanish trading.A 'hold' is kept, but the target price is lowered to 125p, from 140p.---bc
More News
31 Aug 2023 21:37

Vodafone and Samsung begin mass rollout of open RAN in UK

(Alliance News) - Samsung Electronics Co on Thursday said that it and Vodafone Group PLC are replacing technology in the UK with virtualised open radio access networks, alias RAN, on Vodafone's 2,500 sites.

Read more
23 Aug 2023 17:43

Zelenskiy vows to end Russian occupation of Crimea, defends strategy

Zelenskiy hosts conference in Kyiv on Crimea

*

Read more
16 Aug 2023 13:24

Safaricom launches M-Pesa mobile money service in Ethiopia

ADDIS ABABA, Aug 16 (Reuters) - Safaricom's M-Pesa mobile money service went live in Ethiopia on Wednesday, in a boost to the Kenyan telecoms operator as it seeks to kickstart growth in one of Africa's biggest economies.

Read more
16 Aug 2023 09:29

LONDON BROKER RATINGS: RBC cuts Antofagasta; Shore likes Trainline

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
15 Aug 2023 17:00

South Africa's MTN looks to unlock hidden value with stake sales

JOHANNESBURG, Aug 15 (Reuters) - The CEO of South Africa's MTN Group said on Tuesday he plans to bring in minority partners in fintech and fibre and then list the businesses as separate entities to reach a market capitalisation of more three times its net asset value (NAV).

Read more
7 Aug 2023 09:14

LONDON BROKER RATINGS: JPMorgan lifts Rolls-Royce; RBC cuts Unite

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
3 Aug 2023 14:41

'Black swan event': Telefonica Deutschland extends losses on lost Vodafone deal

Read more
3 Aug 2023 13:19

IN BRIEF: James Fisher hires new CFO from Johnson Matthey

James Fisher & Sons PLC - Barrow In Furness, Cumbria-based marine services - Hires Karen Hayzen-Smith to be chief financial officer, starting by December 1. At that time, Duncan Kennedy will step down as CFO and from the board but will remain at James Fisher for a short transition. Hayzen-Smith currently is director of group finance at chemicals firm Johnson Matthey PLC. She has been in that role since January 2020 and also served as interim CFO for Johnson Matthey from November of that year to April 2021. Prior to Johnson Matthey, Hayzen-Smith worked at Babcock International Group PLC and Vodafone Group PLC.

Read more
2 Aug 2023 17:04

Surprise US debt downgrade knocks European stocks to two-week lows

STOXX 600 off 1.4%Fitch US downgrade sparks risk-off mood

*

Read more
2 Aug 2023 16:39

UAE's e& offers to increase stake in Vodafone to 20% - e& CEO to CNBC Arabia

DUBAI, Aug 2 (Reuters) - UAE's e& EAND.AD CEO Hatem Dowidar told CNBC Arabia on Wednesday his company was seeking to increase its stake in Vodafone to 20%.

Read more
2 Aug 2023 16:39

United Internet shares surge on Vodafone deal with 1&1

(Sharecast News) - Shares in United Internet surged on Wednesday after its majority-owned German mobile and broadband provider 1&1 agreed agreed a deal for Vodafone to provide 5G coverage to its customers, in a move that would see it replace Telefonica Deutschland.

Read more
2 Aug 2023 16:31

UAE's e& seeking to raise Vodafone stake to 20% - e& CEO to CNBC Arabia

DUBAI, Aug 2 (Reuters) - UAE's e& CEO Hatem Dowidar told CNBC Arabia on Wednesday his company was seeking to increase its stake in Vodafone to 20%.

Read more
2 Aug 2023 15:08

Germany's 1&1 switches to Vodafone for 5G network deal

LONDON, Aug 2 (Reuters) - German mobile and broadband provider 1&1 said it had agreed a deal for Vodafone to provide 5G coverage to its customers, ousting current network partner Telefonica Deutschland by October 2024 at the latest.

Read more
2 Aug 2023 13:13

Vodafone boosted by 1&1 5G network deal in Germany

LONDON, Aug 2 (Reuters) - Vodafone said on Wednesday it had agreed a long-term, exclusive national roaming partnership deal to provide 5G mobile coverage to 1&1's customers in Germany, in a deal which it said would be cashflow accretive from its 2026 financial year.

Read more
2 Aug 2023 12:21

TOP NEWS: Vodafone inks national roaming agreement with 1&1 in Germany

(Alliance News) - Vodafone Group PLC on Wednesday said that Vodafone GmbH and 1&1 Mobilfunk GmbH have agreed a long-term national roaming partnership.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.