FBN Holdings, Cutix, Sovereign Trust top stocks to watch this week

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As investors await release of outstanding quarterly financial statements this week, the market could be relying on how strong they turn out to be to drive gain.

for financial year 2021, which saw profit advance by 68.4 per cent as revenue climbed to N757.3 billion. The board of the financial services group has announced a dividend proposal of N0.35 per share for the period under review.Cutix makes the pack for posting an expansion of 29.4 per cent in after-tax profit for full year 2021, translating to a net income of N807.9 million.Sovereign Trust features on the pick this week for currently trading significantly below its real value.

Julius Berger makes the selection for currently trading below its intrinsic value. The construction firm’s PE ratio as of Friday was 5.11, while its EPS is N5.66.

 

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