Browsing: Analysis
AIICO Insurance Rated Hold as Analysts Estimate Limited Upside. AIICO Insurance Plc. (AIICO) reflated its earnings performance in the first half of 2020
AXA Mansard Earnings Lift, Prospect Earned Analysts’ Buy Recommendation. Mansard Insurance Plc. (MANSARD) recorded a marked year on year growth of 15.52% in the first half of 2020, as gross premium income rose to ₦22.73 billion.
FLOURMILL: Bullish Analysts Advised Dividend Seeking Investors to Buy Stock Flour Mills of Nigeria (FMN) Plc. is doing well as…
NASCON: Sustained Border Closure Support Earnings, Market Share
Guinness Nigeria’s Profit Estimated to Drop by 86%, Downgrade to Sell. Guinness Nigeria Plc. is facing a very tough time, the brewer’s profit is projected to drop by 86% in 2020 as investment firm advised investors to dump the stock to avoid losing value.
Conoil Stock Rated “Neutral, Analysts Estimate ₦17.2 Price Target
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