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
₦27.00
BUY
8 buy0 hold0 sell8 ratings
MTNN
MTN Nigeria Communications Plc
₦825.00
BUY
8 buy0 hold0 sell8 ratings
ARADEL
Aradel Holdings Plc
₦1,499.90
BUY
8 buy0 hold0 sell8 ratings
NB
Nigerian Breweries Plc
₦75.00
BUY
7 buy1 hold0 sell8 ratings
ZENITHBANK
Zenith Bank Plc
₦121.80
BUY
7 buy0 hold1 sell8 ratings
DANGCEM
Dangote Cement Plc
₦1,010.00
BUY
5 buy2 hold1 sell8 ratings
PRESCO
Presco Plc
₦2,045.30
BUY
5 buy2 hold1 sell8 ratings
HBMNG
Haldane McCall Plc
₦379.00
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
₦67.00
BUY
6 buy0 hold1 sell7 ratings
NESTLE
Nestle Nigeria Plc
₦2,750.00
BUY
6 buy1 hold0 sell7 ratings
DANGSUGAR
Dangote Sugar Refinery Plc
₦67.00
BUY
5 buy2 hold0 sell7 ratings
UBA
United Bank for Africa Plc
₦41.90
BUY
5 buy2 hold0 sell7 ratings
BUACEMENT
BUA Cement Plc
₦297.00
BUY
5 buy0 hold2 sell7 ratings
FIDELITYBK
Fidelity Bank Plc
₦22.00
BUY
5 buy2 hold0 sell7 ratings
GUINNESS
Guinness Nigeria Plc
₦423.00
BUY
4 buy2 hold1 sell7 ratings
UNILEVER
Unilever Nigeria Plc
₦109.00
BUY
4 buy2 hold1 sell7 ratings
STANBIC
Stanbic IBTC Holdings Plc
₦160.00
HOLD
3 buy3 hold1 sell7 ratings
TOTAL
TotalEnergies Marketing Nigeria Plc
₦518.40
HOLD
1 buy3 hold3 sell7 ratings
NASCON
NASCON Allied Industries Plc
₦183.50
BUY
6 buy0 hold0 sell6 ratings
FCMB
FCMB Group Plc
₦10.95
BUY
6 buy0 hold0 sell6 ratings
WEMABANK
Wema Bank Plc
₦30.00
BUY
5 buy1 hold0 sell6 ratings
GTCO
Guaranty Trust Holding Company Plc
₦122.60
BUY
4 buy2 hold0 sell6 ratings
FIRSTHOLDCO
First HoldCo Plc
₦131.00
SELL
0 buy2 hold4 sell6 ratings
BUAFOODS
BUA Foods Plc
₦760.60
BUY
4 buy0 hold1 sell5 ratings
NEM
NEM Insurance Plc
₦28.00
BUY
4 buy0 hold1 sell5 ratings
WAPIC
Coronation Insurance Plc
₦2.56
BUY
4 buy1 hold0 sell5 ratings
AIICO
AIICO Insurance Plc
₦3.99
BUY
3 buy1 hold1 sell5 ratings
MANSARD
AXA Mansard Insurance Plc
₦11.00
BUY
3 buy2 hold0 sell5 ratings
INTBREW
International Breweries Plc
₦9.05
BUY
3 buy2 hold0 sell5 ratings
CUSTODIAN
Custodian Investment Plc
₦64.70
BUY
3 buy1 hold0 sell4 ratings
TRANSCORP
Transnational Corporation Plc
₦36.10
BUY
3 buy1 hold0 sell4 ratings
FIDSON
Fidson Healthcare Plc
₦83.50
BUY
3 buy1 hold0 sell4 ratings
CONOIL
Conoil Plc
₦210.00
HOLD
2 buy0 hold2 sell4 ratings
UACN
UAC of Nigeria Plc
₦181.00
BUY
3 buy0 hold0 sell3 ratings
LASACO
Lasaco Assurance Plc
₦1.80
BUY
3 buy0 hold0 sell3 ratings
PZ
PZ Cussons Nigeria Plc
₦68.95
BUY
3 buy0 hold0 sell3 ratings
STERLINGNG
Sterling Financial Holdings Company Plc
₦76.50
BUY
2 buy1 hold0 sell3 ratings
OANDO
Oando Plc
₦36.00
HOLD
1 buy2 hold0 sell3 ratings
CHAMS
Chams Holding Company Plc
₦3.40
BUY
2 buy0 hold0 sell2 ratings
JAPAULGOLD
Japaul Gold and Ventures Plc
₦2.50
BUY
2 buy0 hold0 sell2 ratings
MBENEFIT
Mutual Benefits Assurance Plc
₦3.00
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
₦2.23
HOLD
0 buy1 hold0 sell1 rating
TRANSCOHOT
Transcorp Hotels Plc
₦290.50
SELL
0 buy0 hold1 sell1 rating
Want the broker-by-broker detail — who rates what, entry prices, and individual targets? That lives in the Weekly Watchlist (Pro) →

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.