1305 GMT - Growth in the U.K. and emerging markets will mark a turning point in Vodafone's earnings momentum, analysts at Barclays write. Delivery of the merger between Vodafone and the Three network will allow consolidation, while growth in Africa and Turkey--where the telecoms group has a challenger mindset--will drive earnings, the analysts say. Income from preference shares in Zegona, which bought Vodafone Spain in 2024, could provide funds for further buybacks. Barclays raises its rating on Vodafone stock to overweight from neutral, and lifts its price target to 120 pence. Shares in Vodafone trade up 1.34 pence or 1.4% at 95.26 pence. (josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
December 08, 2025 08:05 ET (13:05 GMT)
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