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Deutsche Bank raises Vodafone target price to 160p, citing reduced risks and improved outlook

Analyst Insights
30 Sep 2026
Proactive Investors
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Bullish
Deutsche Bank raises Vodafone target price to 160p, citing reduced risks and improved outlook

Deutsche Bank has increased its target price for Vodafone Group PLC to 160p from 150p and maintained a 'buy' rating, citing fewer risks and a stronger earnings and cash flow outlook. The bank noted improved investor sentiment following Xavier Niel’s increased stake and Vodafone's raised guidance in its recent trading update. Deutsche Bank highlighted potential benefits from UK cost synergies, recovery in Germany, and growth in emerging markets, despite some short-term cash flow impact from Safaricom consolidation. Vodafone shares currently trade at 123.9p, with the new target price implying a 29% upside.

Vodafone's target price update is the subject. For readers following the Technology sector, here is Pluang's market snapshot as of Sep 30, 2026 21:31 WIB: out of 150 priced US tech stocks, 95 rose and 55 fell. Notable movers include HPE at USD 64.60 (+5.04%), Amplitude Inc at USD 14.30 (+4.88%), and Snowflake Inc at USD 346.00 (+4.75%).

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