Investment Recommendation Report - Absa Kenya
We recommend a LONG-TERM BUY on ABSA Bank with the counter trading at a P/B multiple of 1.21x (at a price of KES 10.10) against an industry average of 0.75x as at…
Investment Recommendation Report - Standard Chartered
We issue a SELL recommendation on StanChart. The stock is currently trading at a trailing P/B ratio of 1.20x (based on a market price of KES 167.50 as at 19th June…
Investment Recommendation Report - Stanbic
We assign a LONG-TERM BUY recommendation on Stanbic Holdings. The current market price of KES 77.00 (as at 12th June 2020) presents a buying opportunity for investors…
Investment Recommendation Report - NCBA
We place a LONG-TERM BUY recommendation on NCBA Group. The counter is currently trading at a P/B ratio of 0.62x (based on a market price of KES 27.80 as at 5th June…

Investment Recommendation Report - Safaricom
We recommend a HOLD on Safaricom based on the current market prices. The counter is currently trading at a P/E multiple of 15.35x (at a price of KES 28.55, as at…

Investment Recommendation Report - Equity
We recommend a LONG-TERM BUY on Equity Group Holdings. The counter is currently trading at a trailing P/B of 1.22x (at a price of KES 36.15) compared to the banking…
Investment Recommendation Report - NCBA
We place a LONG-TERM BUY recommendation on NCBA Group. The counter is currently trading at a P/B ratio of 0.61x (based on a market price of KES 27.72 as at 15th…
Investment Recommendation Report: KCB
We issue a LONG-TERM BUY on KCB Group. The counter is currently trading a trailing P/B multiple of 0.94x (at a price of KES 39.05), a 19.7% discount of over its…

Investment Recommendation Report: Equity
We recommend a LONG TERM BUY on Equity Group Holdings. The counter is currently trading at a trailing P/B of 1.27x (at a price of KES 37.65) compared to the banking…

Investment Recommendation Report: Equity
We recommend a LONG TERM BUY on Equity Group Holdings. Currently, Equity is trading at a P/B of 1.94x (at a price of KES 48.85) compared to the average banking sector…

Investment Recommendation Report: EABL
We place a HOLD recommendation on EABL. The company is the largest branded alcohol beverage business within East Africa. Furthermore, the company is 50.03% owned…

Investment Recommendation Report: Equity
We recommend a LONG TERM BUY on Equity Group Holdings. Currently, Equity is trading at a P/B of 1.59x (at a price of KES 39.95) compared to the average banking sector…

Investment Recommendation Report: Safaricom
We recommend a HOLD on Safaricom. The counter is currently trading at a P/E multiple of 17.88x (at a price of KES 28.25, as at 18th October 2019). The company is…

Investment Recommendation Report: EABL
We place a HOLD recommendation on EABL. The company is the largest branded alcohol beverage business within East Africa. Furthermore, the company is 50.03% owned…

Investment Recommendation Report: Safaricom
We recommend a HOLD on Safaricom. The counter is currently trading at a P/E multiple of 17.75x (at a price of KES 28.05, as at 4th October 2019). The company is…

Investment Recommendation Report: EABL
We place a HOLD recommendation on EABL. The company is the largest branded alcohol beverage business within East Africa. Furthermore, the company is 50.03% owned…