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Vodafone Group PLC (VOD) Share Price Outlook 22 October, 2014

Vodafone share prices opened today on the LSX at 76.00, taking a sharp decline to 75.5 almost immediately and have since been on the road to recovery.

The data and communications giant with a  presence in Asia, Europe, the Middle East, Africa, and the US has been met with mixed feelings by brokers and analysts of late.

Despite their recently inked partnership with music provider Spotify and Fairfax Media, many analysts have put the company on hold, leaning neither towards buy or sell in the forecast.

The stock has been down substantially in the past months as Europe’s southern region continues its mediocre service revenue.

Vodafone dipped nearly 10% on the S&P 500 along with several energy stocks. Look to purchase this stock if substantial yield without the sacrifice of quality is in your interest.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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