Okomu Oil Palm Plc (NGX: OKOMUOIL) is expected to maintain solid earnings growth in FY’25, supported by favourable CPO pricing, volume expansion, and improved operational efficiency. Although cost is likely to continue rising, strong topline performance should keep margins resilient. We have revised our 12-month Target Price (TP) to N672.62 (from N415.32 previously), reflecting a 3.5% upside to our reference price of N650.00. We maintain a HOLD recommendation on the ticker.
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CardinalStone is a full service investment banking firm with a vision to build a world class investment banking firm of African origin; operating out of Lagos, Nigeria. The firm was incorporated in April 2008 and began operations in June 2008. CardinalStone is duly registered with the Securities & Exchange Commission in Nigeria to carry on business as an Issuing House, Fund Manager and Broker/Dealer
The Firm's activities are carried out across five business units: Asset Management, Investment Banking, Private Equity, Securities Trading and the Business Support Group.
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