Browsing: Analysis
NB Plc: Equity Analysts Cut Profit Estimate for 2020 By 57%. Equity analysts have cut Nigerian Breweries Plc profit for 2020 by 57% due to disappointing first half performance scorecard and low expectation on sales recovery.
ARDOVA: Analysts Recommend Buy on Expectation of Sales Recovery. In the first half of 2020, Ardova Plc revenue rose 5% year on year to ₦87.3 billion, which was 2% below Vetiva analysts estimate. Thus, analysts forecasted ₦29.26 price target, though net profit for financial year 2020 is projected to
Wema Bank: Weak Earnings, Bleak Outlook Validate Concerns on Vulnerability – Meristem
Lender’s Suffered Regulatory-Induced Risk Straining Earnings
₦89.14 billion CRR Debit Against Lender, Earned Zero Interest
Equity Analysts Downgrade Stock to SELL
Topline Outlook Revised from Modest to Bearish Due
Analysts Maintain Buy Rating on Sterling Bank, Set Price Target to ₦1.43
International Breweries Records Worst Q2 Performance after Merger, Dump Analysts say · Stock dangling between analysts’ Buy, Sell Recommendation · We posit that the…
Neimeth Pharmaceutical Earnings Jump as Virus Boosts Demand for Drugs
Nestlé Nigeria Earnings Deflates as Cost Pressure Mount
Total Nigeria Suffered 29% Revenues Drop Due to Lockdown. In the first half of 2020, Total Nigeria Plc earnings dropped off significantly due to outbreak of coronavirus which necessitated economic lockdown.
Analysts Maintain Positive Outlook as Dangote Sugar Boosts Profit. Analysts have maintained a a positive outlook for Dangote Sugar Refinery (DSR) Plc as company leverage on advantages from border closure.
Dangote Cement: WSTC Remains Cautious Despite Good Earnings Show. Analysts at WSTC Securities Limited, a dealing member of the Nigerian Stock Exchange (NSE) have explained that despite the fact Dangote Cement first half 2020 resilient performance spooks optimism, it maintains cautious stance for the