September 14, 2017/Cowry Asset Research

With respect to overall industry performance, Stanbic IBTC posted very impressive results in H1 2017. Given its efficiency and profitability compared with industry metrics among other things, we arrived at an ‘A’ rating.

However, it has an upside of –ve 62.81% to its target price, indicating that the shares are over-priced. Thus, a REDUCE recommendation is advised on its shares…click here to view details