Trading at XOF 625 in a bearish stock market compounded by the uncertainty of the COVID-19 effect on the economy, we hereby recommend VIVO ENERGY CI as a REDUCE with a target price of XOF 600 based on 2021 anticipated results with a forward dividend yield of 5.92%.
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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