Our revised opinion is that despite this COVID 19 pandemic and international rubber prices being under pressure, the company stock remained stable and is currently trading at P/E valuation of 8.6x compared to an average peer of 18.94x. The company ability in this declining market, to control its costs as well as improving the value of its shareholders has help our target price revision. We opine that the company share price is undervalued and are confident about the capacity for the company to maintain its growth.
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.