​We recommend a sell on the stock because the anticipated decline in 2016 net income will put a downward pressure on the stock price after the results publication. Furthermore, with a current price of XOF 138 900, the stock SITAB trades above our target prices of XOF 137 000 and 139 000 based on 2016 and 2017 results respectively.However, SITAB could be used as a yield stock since the company should maintain its dividend payment policy over the next years.
​Cette semaine le marché a été marqué par la poursuite des publications des résultats annuels 2015. Ces événements ont poussé à la baisse l’indice BRVM Composite de 0,51% à 318,68 points comparé à 320,30 points la semaine précédente.
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