Browsing: Analysis

Unilever Nigeria Trouble Deepens as Revenue, Profit Drop Big

GUINNESS NG: Low Earnings Outlook as ‘Virus’ Breaks Shareholders Value

FIDSON Healthcare Primed for Gains as ‘Virus’ Boosts Earnings. FIDSON Healthcare Plc is primed for more gains as coronavirus outbreak impacts demands, augments sales for healthcare products.

Vetiva says Unilever Nigeria Road to Redemption has Many Bumps. Vetiva Capital analyst, Chinma Ukadike downgrades Unilever Nigeria Plc to sell, having noted many bumpy roads to redemption for the consumer goods company.

May & Baker: Equity Analysts Upgrade Stock on COVID-19 Advantage. May & Baker Nigeria (M&B Plc) was the first pharmaceutical firm to set up an anti-retroviral plant in Nigeria and the first to initiate local vaccine production.

For Okomu Oil: Analysts say Rebound is on the Horizon. Quite a number of operators in the fast moving consumers’ goods sector with inelastic or at least partial inelastic demand are enjoying border closure.

FBNH: Analysts Raise Price Target on Account of Solid Balance Sheet. First Bank of Nigeria Holdings Plc traded at ₦5.30 on Wednesday, though analysts have estimated price target that is more than double this market price.

Zenith Bank: Profitability to Remain Best in Class in 2020 – Vetiva. Equity analysts at Vetiva Capital have said Zenith Bank Plc.’s profitability will remain best in class for financial year 2020.

Equity Analysts Advise Investors on 57% Upside in ARDOVA’s Stock. Ardova Plc, an indigenous energy group, recorded a 22.31% year on year increase in revenue to ₦52.05 billion in the first quarter (Q1) of 2020.

Nestlé NG: Most Profitable Consumers Goods Leader Sets for Bumper Harvest. Amidst bumps and bruises in the economy, Nestlé Foods Nigeria Plc is leading competition to finding value for its shareholders.