Browsing: Meristem Securities Limited
PMA: Demand for Low-risk Investment Options to Fuel Subscription. Analysts have said that increasing demand for low-risk investments option would support demand at the Federal Government bond auction on Wednesday.
FIDSON: Analysts Upgrade Estimates on Solid Earnings Performance. Analysts at Meristem stated that following the upward price review of its products in the fourth quarter (Q4) of 2018, FIDSON recorded low patronage throughout the 2019 financial year.
AXA Mansard: Analysts Bullish on Earnings, Upgrade Price Target. AXA Mansard Plc have been trading flat since first day in June on the floor of the Nigerian Stock Exchange. At the close of trading session yesterday, it share price was ₦1.85.
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.
The bulls tightened their grip on the Nigerian Stock Exchange, pushing it to positive territory on all trading days last week. It was a full week of bullish performance. Then, Unilever stock emerged as the best performing stock, gained 33.86% to close at ₦17.
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.
A bond is a fixed income debt instrument issued by the government (federal or state government) or corporate institutions with a definite date of maturity.
FGN Bond Auction: We expect investors’ patronage to be positive – Meristem Ahead of the Federal Government Bond auction on…
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…