NGX Analyst Ratings

Third-party brokerage research on Nigerian stocks, aggregated weekly — consensus rating, buy/hold/sell split, average target price, and the upside those targets imply against the live market price. Week of 21 September 2026.

48
STOCKS COVERED
8
BROKERAGES
175
BUY RATINGS
55
HOLD RATINGS
31
SELL RATINGS
ACCESSCORP
Access Holdings Plc
₦28.00
BUY
8 buy0 hold0 sell8 ratings
MTNN
MTN Nigeria Communications Plc
₦844.00
BUY
8 buy0 hold0 sell8 ratings
ARADEL
Aradel Holdings Plc
₦1,377.00
BUY
8 buy0 hold0 sell8 ratings
NB
Nigerian Breweries Plc
₦76.00
BUY
7 buy1 hold0 sell8 ratings
ZENITHBANK
Zenith Bank Plc
₦128.00
BUY
7 buy0 hold1 sell8 ratings
DANGCEM
Dangote Cement Plc
₦1,066.70
BUY
5 buy2 hold1 sell8 ratings
PRESCO
Presco Plc
₦2,045.30
BUY
5 buy2 hold1 sell8 ratings
HBMNG
Haldane McCall Plc
₦355.00
HOLD
4 buy4 hold0 sell8 ratings
OKOMUOIL
Okomu Oil Palm Plc
₦1,276.20
BUY
4 buy1 hold3 sell8 ratings
SEPLAT
Seplat Energy Plc
₦16,000.10
HOLD
3 buy2 hold3 sell8 ratings
AIRTELAFRI
Airtel Africa Plc
₦6,300.00
HOLD
0 buy7 hold1 sell8 ratings
ETI
Ecobank Transnational Incorporated
₦70.50
BUY
6 buy0 hold1 sell7 ratings
NESTLE
Nestle Nigeria Plc
₦2,750.00
BUY
6 buy1 hold0 sell7 ratings
DANGSUGAR
Dangote Sugar Refinery Plc
₦68.60
BUY
5 buy2 hold0 sell7 ratings
UBA
United Bank for Africa Plc
₦42.95
BUY
5 buy2 hold0 sell7 ratings
BUACEMENT
BUA Cement Plc
₦297.00
BUY
5 buy0 hold2 sell7 ratings
FIDELITYBK
Fidelity Bank Plc
₦20.35
BUY
5 buy2 hold0 sell7 ratings
GUINNESS
Guinness Nigeria Plc
₦423.00
BUY
4 buy2 hold1 sell7 ratings
UNILEVER
Unilever Nigeria Plc
₦102.00
BUY
4 buy2 hold1 sell7 ratings
STANBIC
Stanbic IBTC Holdings Plc
₦168.00
HOLD
3 buy3 hold1 sell7 ratings
TOTAL
TotalEnergies Marketing Nigeria Plc
₦518.40
HOLD
1 buy3 hold3 sell7 ratings
NASCON
NASCON Allied Industries Plc
₦188.90
BUY
6 buy0 hold0 sell6 ratings
FCMB
FCMB Group Plc
₦11.00
BUY
6 buy0 hold0 sell6 ratings
WEMABANK
Wema Bank Plc
₦30.20
BUY
5 buy1 hold0 sell6 ratings
GTCO
Guaranty Trust Holding Company Plc
₦127.70
BUY
4 buy2 hold0 sell6 ratings
FIRSTHOLDCO
First HoldCo Plc
₦136.85
SELL
0 buy2 hold4 sell6 ratings
BUAFOODS
BUA Foods Plc
₦760.60
BUY
4 buy0 hold1 sell5 ratings
NEM
NEM Insurance Plc
₦28.25
BUY
4 buy0 hold1 sell5 ratings
WAPIC
Coronation Insurance Plc
₦2.48
BUY
4 buy1 hold0 sell5 ratings
AIICO
AIICO Insurance Plc
₦3.92
BUY
3 buy1 hold1 sell5 ratings
MANSARD
AXA Mansard Insurance Plc
₦11.00
BUY
3 buy2 hold0 sell5 ratings
INTBREW
International Breweries Plc
₦9.50
BUY
3 buy2 hold0 sell5 ratings
CUSTODIAN
Custodian Investment Plc
₦70.00
BUY
3 buy1 hold0 sell4 ratings
TRANSCORP
Transnational Corporation Plc
₦36.00
BUY
3 buy1 hold0 sell4 ratings
FIDSON
Fidson Healthcare Plc
₦83.00
BUY
3 buy1 hold0 sell4 ratings
CONOIL
Conoil Plc
₦210.00
HOLD
2 buy0 hold2 sell4 ratings
UACN
UAC of Nigeria Plc
₦184.00
BUY
3 buy0 hold0 sell3 ratings
LASACO
Lasaco Assurance Plc
₦1.76
BUY
3 buy0 hold0 sell3 ratings
PZ
PZ Cussons Nigeria Plc
₦65.00
BUY
3 buy0 hold0 sell3 ratings
STERLINGNG
Sterling Financial Holdings Company Plc
₦77.00
BUY
2 buy1 hold0 sell3 ratings
OANDO
Oando Plc
₦35.00
HOLD
1 buy2 hold0 sell3 ratings
CHAMS
Chams Holding Company Plc
₦3.60
BUY
2 buy0 hold0 sell2 ratings
JAPAULGOLD
Japaul Gold and Ventures Plc
₦2.66
BUY
2 buy0 hold0 sell2 ratings
MBENEFIT
Mutual Benefits Assurance Plc
₦3.10
BUY
2 buy0 hold0 sell2 ratings
TRANSPOWER
Transpower Nigeria Plc
₦178.00
HOLD
1 buy1 hold0 sell2 ratings
GEREGU
Geregu Power Plc
₦825.70
SELL
0 buy0 hold2 sell2 ratings
INTENEGINS
Integrated Energy Insurance Plc
₦2.11
HOLD
0 buy1 hold0 sell1 rating
TRANSCOHOT
Transcorp Hotels Plc
₦290.50
SELL
0 buy0 hold1 sell1 rating
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Ratings and target prices are published by the named brokerages, not by Kobo Terminal. Kobo Terminal is a data and research aggregation platform, not a licensed adviser. Not investment advice. Sources: published research notes from 8 Nigerian brokerages, aggregated weekly.