PRESCO | Presco Plc - Company Update : Expansion opportunity highlights upside risks

    The odds are in favour of PRESCO in 2024, as we see legroom for higher domestic CPO prices and improved RBDO production. Furthermore, the proposed acquisition of a 100.0% equity stake in Ghana Oil Palm Development Company Limited (GOPDC) bodes well for growth in the near term. We have a 12-month TP of N384.20 and a BUY rating on the ticker.


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