SGCI report (February 2021)
Trading at XOF 8 005 in a bearish stock market, we recommend SGCI as a buy with a target price of XOF 10 000 based on 2020 expected results. Despite the expected 12% drop in net income in 2020 due to the deterioration in the cost of risk related to the negative economic impact of the Covid 19 pandemic, we believe the bank should return to growth the following years.
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.