28/8/2018/Cowry Asset

11 Plc (formerly Mobil Nigeria Plc) sustained its excellent performance in H1 2018 relative to its industry – judging by key financial ratios. Hence our ‘A’ rating. Following its best-in-class performance, and given an upside of 10.65% to its target price, we recommend a MODERATE BUY on its shares. Kindly Click here to download details of our investment Recommendation.