22.02.2012 Old Mutual makes offer for Oceanic Life +++ 22.02.2012 Nigerian president seeks cuts to 2012 budget +++ 22.02.2012 Egypt to provide 22 megawatts to struggling Gaza +++ 22.02.2012 Shoprite profits up, remains bullish on Africa +++ 22.02.2012 Italy and Algeria to strengthen energy ties +++ 21.02.2012 FNB invests R160m in the Eastern Cape +++ 21.02.2012 Petrol price hike pushes Nigerian inflation up sharply +++ 21.02.2012 Implats concerned about statement by Zim minister +++ 21.02.2012 Zim mining fees hike will make mining impossible +++ 21.02.2012 Executives of suspended South Korean bank jailed +++ 20.02.2012 Absa launches enterprise development unit +++ 20.02.2012 Zim corporate restructuring spree on way +++ 20.02.2012 South Sudan halves spending after oil shutdown row +++ 20.02.2012 Purchase expands China's Africa mine holdings +++ 17.02.2012 Spanish bad bank loans hit 17-year high +++ 17.02.2012 UBS suspends traders amid Libor probe +++ 16.02.2012 Societe Generale cleans up bad debts +++ 16.02.2012 Moody's puts Europe's top banks on rate cut watch +++ 16.02.2012 FNB's mobile money solutions a hit across Africa +++ 15.02.2012 Constitutional Court hears debt case +++ 15.02.2012 Nedbank provides R1bn in funding to Netcare +++ 14.02.2012 FNB leads in the digital and technology front +++ 13.02.2012 Standard Bank scoops project finance awards +++ 13.02.2012 Absa intent on playing catch-up in Africa +++ 08.02.2012 BANKER'S WORLD: African banks on the rise +++ 07.02.2012 Egypt slaps travel ban on investment bank chief +++ 03.02.2012 Standard Bank still Africa's top banking brand +++ 02.02.2012 Five Zimbabwe banks risk closure +++ 30.01.2012 Zambia to review ZNCB sale to Rabobank +++ 23.01.2012 Libyan central bank to spurn UniCredit capital increase +++
Analyst Recommendations
The recommendations published here are based on profit forecasts by independent analysts who evaluate the ADC African Development Corporation. As regards the development of the ADC, the forecasts, estimates and predictions made merely represent the opinions of these analysts; they neither represent the assessment by ADC or its management nor should they be viewed in the context of such assessments.
The publication of these figures does not mean that ADC supports or agrees to such information, conclusions or recommendations. ADC therefore assumes no responsibility whatsoever for the accuracy of these statements and does not undertake to update or revise any estimates made.
| Date | Analyst | Title | Kursziel | Recommendation |
|---|---|---|---|---|
| 27.01.2012 | DZ BANK | DZ BANK - ADC - strong finish to 2011; positive outlook | 16.20 | BUY |
| 24.11.2011 | DZ Bank | DZ BANK - ADC - Another strong quarter | 18.20 | BUY |
| 16.08.2011 | DZ Bank | ADC – Rapid growth and low valuation | 18.20 | BUY |
| 21.06.2011 | Silvia Quandt Research | After Q1 loss brighter future ahead. Investing according to forecast. | 15.00 | BUY |
| 01.06.2011 | DZ Bank | Results set to improve markedly in coming quarters | 18.20 | BUY |
| 07.04.2011 | DZ Bank | 2010 Results/Raising price target on strong performance at BANGE | 18.20 | BUY |
| 23.03.2011 | DZ Bank | ADC – ADC acquires a 20% stake in BancABC | 16.10 | BUY |
| 21.03.2011 | Silvia Quandt Research | Acquisitions in line with pipeline, but executed faster | 14.80 | BUY |
| 08.03.2011 | DZ Bank | ADC – The Final Frontier | 16.10 | BUY |
| 11.11.2010 | Silvia Quandt Research | ADC – African Jewel | 16.00 | BUY |
Topics: Analysts, Analyst Recommendations, DZ Bank, Sylvia Quant Research













