September 14, 2017/InvestmentOne Research Please click to download the Market Report for Thursday 14th September 2017 EQUITIES:   The equities market closed positive for the second consecutive trading session today, following the gains in DANGCEM (+246pts), NESTLE (+34pts), NB (+11pts), which more than offset the declines in ZENITHBANK (-50pts) and UNILEVER (-24pts). […]

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, […]

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 […]