We are revising our forecast upwards due to the company's resilience in this health crisis. Our target price increases from XOF 500 in April 2021 to XOF 1,500 (+200%), based on expected results for 2021. Currently trading at XOF 2,250, in a stock market that is returning to growth, we still recommend a sell for BERNABE CI.
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.
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