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Monitor These Four Stocks This Week Monitor These Four Stocks This Week

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Monitor These Four Stocks This Week

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By Modupe Gbadeyanka

The equities market in Nigeria has continued to prove many critics wrong with its recent upward trajectory.

The market has seen the massive re-entry of foreign portfolio investors, who continue to take advantage of the low price of value stocks in anticipation of huge gains when they are ready to offload them.

It is on this note that analysts at Meristem Research are asking investors to keep a close eye on these four stocks, which could fetch holders more money.

The first on the list is Dangote Cement, which currently sells at N194 per unit and is expected to yield 19.64 percent to later sell at N232.11k per unit.

Also on the list is Guinness Nigeria, which trades at N65 per share at the moment and is anticipated to grow 20.38 percent to N78.25k.

On the list too is Stanbic IBTC, which presently sells at N48.50k, but should yield 16.82 percent to N56.66k per unit.

Lastly, UBA is anticipated to increase by 20 percent to N9.60k from its current price of N8 per share.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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