TRANSCORP


3 months ago,
Investment houses: Transcorp target price = N68/share
Market reality: N48/share
After 3 months,
Investment houses: Target price for TRANSCORP: N59/share
Market reality: Transcorp is at N41.2 per share, about to lose the demand zone of N40.2-N41.9 per share, and we expect the next drop to N33/share if they lose the demand zone.
Never take anything your investment house gives you seriously. DO YOUR OWN DUE DILIGENCE
#NFA
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