Bank of Kigali – BUY – TARGET PRICE – 484 in one year
Bank of Kigali had its initial public offering in 2011. Since then the stock was stagnant for 2011 and 2012. Since 2013, it has rallied sharply. We are investors in Bank of Kigali and wanted to share our view on the firm. Please check out our report here. Bank of Kigali – Investment Frontier Report – April,28, 2014
In our assessment, over the next 1 year, Bank of Kigali has a potential upside of about 50% with a target price of RWF484.40. Our 3-year target price is RWF576.28 and our 5-year target price is RWF618.38.
Have a look at the report and let us know if you have any questions, concerns, or comments.