Investment Recommendation Report - 26th November 2021
Overall Overview In 2020, the COVID-19 pandemic saw prices on most counters decline significantly into bear market territory. The NASI, NSE20 and NSE25 declined…
Market Report - 26th November 2021
Features of the week: MPESA App Advertising for Business Safaricom is set to upgrade the MPESA app platform to enable advertising by businesses. This follows…
Investment Recommendation Report - 19th November 2021
Equity Recommendations Overall Overview In 2020, the COVID-19 pandemic saw prices on most counters decline significantly into bear market territory. The NASI,…
Market Report - 19th November 2021
Features of the week: DTB Kenya Partners with Crown Motors on Vehicle Financing Diamond Trust Bank (DTB) has partnered with Crown Motor Group to provide vehicle…
Investment Recommendation Report - KCB
We retain our NEUTRAL recommendation on KCB group with a revised target price of KES 47.54 (previous target price: KES 44.59) representing an upside potential of…
Market Report - 12th November 2021
Features of the week: Stanbic Bank Kenya’s PMI Indicates Improving Business Conditions in October 2021 The headline Purchasing Managers Index (PMI) reported…
Investment Recommendation Report - KCB
We retain our NEUTRAL recommendation on KCB group with a revised target price of KES 47.54 (previous target price: KES 44.59) representing an upside potential of…
Market Report - 5th November 2021
Features of the week: The following are the features of the week. Read more in the weekly report. Kenya Power Rebounds to Profitability in After Tax Profits for…
Investment Recommendation Report - KCB
We retain our NEUTRAL recommendation on KCB group with a revised target price of KES 47.54 (previous target price: KES 47.54) representing an upside potential of…
Market Report - 29th October 2021
Features of the week: Kenya Obtains KES 16.7 billion loan from World Bank Kenya has obtained a KES 16.7 billion loan from the World Bank - through its International…
Investment Recommendation Report - KCB
We retain our NEUTRAL recommendation on KCB group with a revised target price of KES 47.54 (previous target price: KES 44.59) representing an upside potential of…
Market Report - 22nd October 2021
Feature of the week: World Bank Delays KES 14.4 billion loan The World Bank has delayed the issue of a KES 14.4 billion loan that had been approved in June…
Investment Recommendation Report - KCB
We retain our NEUTRAL recommendation on KCB group with a revised target price of KES 47.54 (previous target price: KES 44.59) representing an upside potential…
Market Report - 15th October 2021
Feature of the week: EPRA Lowers Fuel Prices The Energy and Petroleum Regulatory Authority (EPRA), in the October 2021 review, lowered the price of petrol,…
Investment Recommendation Report - KCB
We retain our NEUTRAL recommendation on KCB group with a revised target price of KES 47.54 (previous target price: KES 44.59) representing an upside potential of…
Market Report - 8th October 2021
Feature of the week: Kenya Power declared a Special Project by Government According to a press release from the office of the President, the government has frozen…
Investment Recommendation Report - KCB
We retain our NEUTRAL recommendation on KCB group with a revised target price of KES 47.54 (previous target price: KES 44.59) representing an upside potential of…
Market Report - 1st October 2021
Feature of the week: Inflation Rises to 6.9% for the Month of September Inflation rate for September rose to 6.9% compared to 4.2% in September 2020 and 6.5%…
Investment Recommendation Report - KCB
We retain our NEUTRAL recommendation on KCB group with a revised target price of KES 47.54(previous target price: KES 44.59) representing an upside potential of…
Market Report - 24th September 2021
Feature of the week: Co-operative Bank Obtains KES 750.0 million loan in SME Lending Co-operative bank has obtained KES 750.0 million from the African Guarantee…
Investment Recommendation Report - KCB
We retain our NEUTRAL recommendation on KCB group with a revised target price of KES 47.54 (previous target price: KES 44.59) representing a downside potential of…
Market Report - 17th September 2021
Feature of the week: EPRA Increases Fuel Prices to a 10 year High The Energy and Petroleum Regulatory Authority (EPRA), in the September 2021 review, raised…
Investment Recommendations Report
Overall Overview In 2020, the COVID-19 pandemic saw prices on most counters decline significantly into bear market territory. The NASI, NSE20 and NSE25 declined…
Market Report - 10th September 2021
Feature of the week: I&M Group Posts a 32.2% Growth in After Tax Profits for 1H2021 I&M Group registered a 32.2% y/y increase in after tax profits for…