Vodafone Group plc -1.9% potential downside indicated by Citigroup

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.