Lafarge Africa, Industrial & Medical Gases, Stanbic IBTC top stocks to watch this week

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Africa Prudential, Conoil and Neimeth also feature in this week's list.

Industrial & Medical Gases appears on the pick for recording a 116.8 per cent surge in post-tax profit to N130.6 million for first quarter 2022STANBIC IBTC HOLDINGS

Stanbic IBTC makes this week’s selection for recording an after-tax profit of N15.1 billion for the first quarter, more than a third higher that its figure for the same period of 2021.AFRICA PRUDENTIAL Africa Prudential made the pick for posting a net profit of N403.1 million for the first quarter of this year, translating to a 5.7 per cent improvement over what was recorded a year earlier.NEIMETH INTERNATIONAL PHARMACEUTICALS

Neimeth features on the pick for trading at its lowest price level in 52 weeks, brightening its chances of seeing a good price appreciation in future. The drug-maker’s PE ratio was 18.42x as of the end of the last trading session, while its EPS is N0.07.Conoil features in the pack for currently trading significantly below its intrinsic value. The company’s EPS as of Friday was N4.45 with a PE ratio of 5.89x.

 

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