|Bid||14.88 x 1200|
|Ask||15.33 x 2200|
|Day's Range||15.10 - 15.39|
|52 Week Range||14.42 - 19.05|
|Beta (5Y Monthly)||0.74|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.01 (6.91%)|
|Ex-Dividend Date||Nov 24, 2021|
|1y Target Est||23.24|
Vodafone is always looked at in comparison to BT. BT has a global business which makes up 16 per cent of its revenue but the rest of its sales comes from the UK. BT’s fate is tied to that of the UK economy.
DUBAI (Reuters) -UAE conglomerate e& said on Friday it will consider joint investments with Vodafone after buying a 9.8% stake in the British company last week, and is seeking to cooperate on procurement as well as research and development. Hatem Dowidar, chief executive of the company formerly known as Etisalat, said he was confident in Vodafone's strategy, including streamlining the business and consolidation in Europe. "I believe that they are clear on what needs to be done and they're trying to do it," Dowidar said in an interview when asked if Vodafone needs to move more aggressively on acquisitions.
After a tumultuous few weeks, Vodafone and its chief executive have been granted some relief. The state-controlled investment group, whose chief executive spent 17 years in senior positions at Vodafone, voiced unreserved support for the company’s management and strategy. The surprise arrival of the UAE group, formerly known as Etisalat and now rebranded e&, to pole position on Vodafone’s shareholder list, “gives management a bit of breathing space”, said a top-20 investor in the London-headquartered company.