BERNABE CI Report West African Regional Stock Exchange
​We feel strongly about the company’s prospects for continued growth from a fundamental perspective. However, we are concerned that the firm is currently overvalued. In fact, as a consequence of the positive outlooks mentioned above, the stock has faced an upward pressure. The current market price is higher than the company fair value of XOF 176 200 based on 2016 results.
It’s also good to note that the stock price should keep growing in anticipation of the extraordinary results expected for 2016. Therefore, over the short term, BERNABE CI still shows a potential for growth as a speculative stock. Nevertheless, we believe that’s this level of price is not sustainable over the medium-term and should gradually adjust.
Hudson is an integrated securities firm, member of the West Africa regional stock exchange (BRVM) that offers a large array of financial services including brokerage, custody, sell-side research, investment management, investment banking and advisory, issuer services. Hudson's African and International client base includes governments, financial institutions, high net worth individuals, and corporate from various industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.