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Home / Stocks and Markets at Lows / Vodafone (VOD.L) 11-03-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Vodafone (VOD.L) 11-03-20

Shares in Vodafone (VOD.L) have fallen dramatically from recent highs of 165.24p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • This stock is one of the more significant fallers in the period.
  • Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Is the trend your friend, or is a bounce imminent?
  • The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
  • Now trading at 120.26p (at time of writing). A return to previous highs would represent a rise of 37%.
  • Shares -27% from 12-month highs; +0% from 12 month lows.

Latest News

10 Mar:  JP Morgan Cazenove reiterates its overweight rating on Vodafone Group (VOD) and reduced the target price to 190p (from 210p).

09 Mar:  Vodafone announced that the European Commission had approved the joining of the Italian towers assets with INWIT’s passive network infrastructure.

05 Mar:  Margherita Della Valle, Executive Director, bought 71,246 shares within the firm on the 5th March 2020 at a price of 139.38p. This Director currently has 489,512 shares.

13 Feb:  DZ Bank reiterates its hold rating on Vodafone Group (VOD) and reduced the target price to 160p (from 165p).

07 Feb:  HSBC has upgraded its rating on Vodafone Group (VOD) to buy (from buy) and reduced the target price to 185p (from 190p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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