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 8 June 2026.

48
STOCKS COVERED
9
BROKERAGES
143
BUY RATINGS
115
HOLD RATINGS
28
SELL RATINGS
#StockConsensusB / H / SPriceAvg TargetImplied Upside
1FIRSTHOLDCO
FBN Holdings Plc
BUY6 / 2 / 0₦69.00₦73.22+6.1%
2ACCESSCORP
Access Holdings Plc
BUY8 / 1 / 0₦25.00
3FCMB
FCMB Group Plc
BUY7 / 0 / 0₦12.00
4TRANSCORP
Transnational Corporation Plc
BUY7 / 0 / 0₦46.90
5MTNN
MTN Nigeria Communications Plc
BUY7 / 2 / 0₦790.00
6NB
Nigerian Breweries Plc
BUY6 / 3 / 0₦81.50
7GTCO
Guaranty Trust Holding Company Plc
BUY6 / 0 / 1₦136.00
8WEMA
Wema Bank Plc
BUY5 / 2 / 0₦27.87
9UBA
United Bank for Africa Plc
BUY5 / 2 / 1₦43.30
10ZENITHBANK
Zenith Bank Plc
BUY5 / 1 / 2₦129.00
11WAPCO
Lafarge Africa Plc
BUY5 / 4 / 0₦330.00
12AIRTELAFRI
Airtel Africa Plc
HOLD4 / 5 / 0₦4,021.20
13MANSARD
AXA Mansard Insurance Plc
BUY4 / 2 / 0₦13.50
14NASCON
NASCON Allied Industries Plc
BUY4 / 3 / 0₦219.50
15FIDELITYBK
Fidelity Bank Plc
BUY4 / 2 / 0₦20.40
16AIICO
AIICO Insurance Plc
BUY4 / 1 / 2₦4.55
17WAPIC
Wapic Insurance Plc
BUY4 / 0 / 0₦2.77
18INTBREW
International Breweries Plc
BUY4 / 2 / 0₦12.10
19DANGSUGAR
Dangote Sugar Refinery Plc
BUY4 / 2 / 0₦72.60
20ETI
Ecobank Transnational Incorporated
HOLD3 / 4 / 0₦97.40
21MBENEFIT
Mutual Benefits Assurance Plc
BUY3 / 1 / 0₦4.20
22ARADEL
Aradel Holdings Plc
HOLD3 / 5 / 0₦1,770.00
23NEM
NEM Insurance Plc
BUY3 / 1 / 1₦31.95
24PRESCO
Presco Plc
HOLD3 / 5 / 0₦2,300.00
25SEPLAT
Seplat Energy Plc
HOLD3 / 6 / 0₦11,363.90
26STANBIC
Stanbic IBTC Holdings Plc
BUY3 / 2 / 1₦164.05
27DANGCEM
Dangote Cement Plc
HOLD3 / 4 / 2₦1,155.00
28GUINNESS
Guinness Nigeria Plc
HOLD3 / 4 / 1₦365.50
29BUACEMENT
BUA Cement Plc
HOLD2 / 3 / 2₦378.00
30NESTLE
Nestle Nigeria Plc
HOLD2 / 5 / 0₦3,125.00
31UACN
UAC of Nigeria Plc
HOLD2 / 2 / 0₦184.85
32LASACO
Lasaco Assurance Plc
BUY2 / 1 / 0₦2.05
33PZ
PZ Cussons Nigeria Plc
BUY2 / 0 / 0₦94.95
34OKOMUOIL
Okomu Oil Palm Plc
HOLD1 / 6 / 1₦1,575.00
35CONOIL
Conoil Plc
SELL1 / 1 / 2₦194.00
36STERLINGNG
Sterling Financial Holdings Company Plc
HOLD1 / 3 / 0₦7.80
37TRANSPOWER
Transcorp Power Plc
HOLD1 / 1 / 0₦245.50
38CHAMS
Chams Holding Company Plc
HOLD1 / 1 / 1₦4.01
39BUAFOODS
BUA Foods Plc
HOLD1 / 3 / 1₦939.00
40OANDO
Oando Plc
HOLD1 / 1 / 1₦50.00
41CUSTODIAN
Custodian Investment Plc
HOLD0 / 3 / 0₦83.00
42INTENEGINS
International Energy Insurance Plc
HOLD0 / 1 / 1₦8.77
43GEREGU
Geregu Power Plc
HOLD0 / 1 / 1₦1,132.50
44FIDSON
Fidson Healthcare Plc
HOLD0 / 6 / 0₦110.60
45TRANSCOHOT
Transcorp Hotels Plc
HOLD0 / 1 / 1₦223.30
46UNILEVER
Unilever Nigeria Plc
HOLD0 / 5 / 2₦140.40
47JAPAULOIL
Japaul Gold and Ventures Plc
HOLD0 / 1 / 1
48TOTAL
TotalEnergies Marketing Nigeria Plc
HOLD0 / 4 / 3₦640.00
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Ratings and target prices are published by the named brokerages, not by NGX Pulse. NGX Pulse is a data and research aggregation platform, not a licensed adviser. Not investment advice. Sources: published research notes from 9 Nigerian brokerages, aggregated weekly. Implied upside is recomputed against the latest market price at page load and is not a forecast.