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Analysts Project 43% Upside for Zenith Bank as Valuation Rises
The Business NG
|The BusinessNG
Zenith Bank Plc gained strong strong upward momentum in the equities market, lifting its market capitalisation to N1.98 trillion following improved investor sentiment and bullish target upgrades by top investment firms.
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The bank's share price climbed to N48.25, pushing its market value up by N35 billion. Trading data from the Nigerian Exchange (NGX) showed that 17.94 million Zenith Bank shares valued at N862.2 million were exchanged, reflecting increased demand from institutional and retail investors.
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