September 14, 2017/Cowry Asset Research

FBN Holdings gave average performance in H1 2017 relative to its industry – judging by the presented financial ratios.

Hence our ‘Bb’ rating. Following its acceptable performance, and given an upside of -5.14% to its target price, we recommend a HOLD on its shares as we still expect the bank to yield returns in line with an anticipated positive market outlook…click here for details