Browsing: Analysis
Dangote Cement: Resilient Q1 earnings in ‘virus infected’ economy. Analysts at WSTC Securities Limited downgrade Dangote Cement Plc to hold, cite weak earnings outlook in financial year 2020.
Meristem predicts MTNN stock could rise 36% by December. MTN Nigeria Plc stock has more than 35% upside potential, analysts at Meristem Securities Limited stated this in an equity report. Estimates on the company hinge on expectation of solid performance in the financial year 2020.
In general, the recent devaluation of Naira has a rub off effects on lender’s capital, at least by 18%. Wema Bank stock market worth in dollar term pitched at USD$61.111 billion. The Central Bank of Nigeria in what it termed technical adjustment raised official foreign exchange rate from ₦305 to ₦360.
Access Bank Plc, Nigeria’s largest bank by total assets is in dilemma. As the group’s operating expenses skyrocketed after its successful merger and acquisition deal, empathy and capitalism is at war in the lender’s domain.
Balance sheet repair: Meristem advises investors to buy Lafarge WAPCO stock Lafarge WAPCO restructuring efforts cleaning up its balance sheet…
Neimeth: Analysts maintain buy rating on earnings upbeat, fundamentals Neimeth International Pharmaceutical Plc operational relevance is quite important at this…
Analyst cuts Access Bank price target, cites puffy operating expenses, weak outlook
Sterling Bank Q1 Earnings draw analysts’ Buy rating despite CRR pressure
GUINNESS Plc: Analyst cuts price target by 38%, cites weak revenue performance
Nestlé’s Nigeria gets Hold rating on flat earnings, food segment concern