Analysts downgrade Guinness to sell ratings

by | February 23, 2018 1:57 am

Analysts have advised clients to dump the shares of Guinness Nigeria Plc as the company continues to grapple with declining margins and bloating debt in its balance sheet. Analysts at Cordros Capital say the share price of Guinness Nigeria has gone up way too far and they do not see an upside for the stock…

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