Vodafone Idea Share Price | UBS brokerage bullish on Vodafone Idea shares, note next target price – NSE: IDEA
Vodafone Idea Share Price | On Thursday, January 16, 2025, the stock market started with a rise. Due to this rally, the penny stock of Vodafone Idea Limited Company has come into focus. There has been a rise in the shares of Vodafone Idea in the last three days. Vodafone Idea shares have increased by 13.57 percent in the last five days.
Vodafone Idea Share Current Status
Vodafone Idea shares were trading 1.26 percent higher at Rs 8.87 on Thursday, January 16, 2025. Vodafone Idea Limited Company stock had a 52-week high of Rs 19.18, while the stock had a 52-week low of Rs 6.61. The total market cap of Vodafone Idea Limited currently stands at Rs 61,754 crore. Meanwhile, top brokerage houses have cut the target price of Vodafone Idea shares. On Friday (January 17, 2025), the stock was trading at Rs 9.01, up 0.90%.
UBS Brokerage Firm – Vodafone Idea Share Target Price
UBS brokerage firm has maintained the buy rating of the shares of Vodafone Idea Limited Company. However, UBS brokerage firm has increased the target price of Vodafone Idea shares from Rs 19 to Rs 13. This means that the brokerage has reduced the target price by about 32 percent. This means the stock has given almost 50% return from its current level.
What did the brokerage say next
UBS brokerage firm expects Vodafone Idea Ltd to offset the remaining profit from tariff growth with the help of 35 million customers, resulting in a 2.8% quarter-on-quarter growth in Vodafone Idea company's mobile revenue.
SELL Rating by 13 Experts
Only four out of 22 stock market analysts have given a buy rating to Vodafone Idea stock. However, 13 experts have given SELL rating. Five experts have given neutral rating. Vodafone Idea shares have fallen 43.68 percent in the last one year. However, the stock has given 97.11% returns in five years.
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