Vodafone's average price target edges down to $16.61 after analyst revisions

what happened

Analysts tracking Vodafone Group Plc have trimmed their average 12-month price target for the American depositary receipt to $16.61 from $16.72. TradingView, which attributes the figures to FactSet, based the average on 12 analysts, and individual targets range from $12.59 to $21.15 per share.

Measured against the October 16 closing price, the revised target points to roughly 3% potential upside. Of 14 analysts covering the stock, the consensus sits at Hold, with 6 Buy ratings, 5 Hold and 3 Sell.

The London line shows a similar drift: the average target there fell from GBX 124.15 to GBX 123.41. That calculation includes 13 analysts and implies about 1% upside.

why it matters

Lower price targets alongside a Hold consensus suggest analysts see limited room for the shares to climb from current levels. The wide spread between the highest and lowest targets shows that views on the company remain divided. Investors often weigh such revisions alongside company guidance and management commentary.

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