Investment Recommendation: GTBank Records Positive Performance, But Overvalued…

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September 13, 2017/Cowry Asset Research

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GTBank’s H1 2017 financial performance was quite impressive; and given its superlative efficiency and profitability viz-a-viz industry metrics, among other things, we arrived at an ‘A’ rating.

However, it has an upside of –ve 24.09% to its target price, indicating that the shares are over-priced. Thus, a REDUCE recommendation is advised on its shares…click here for details.

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