Britam – BUY – TP 8.32 (35% upside)
CFCI – BUY – TP 11.55 (66% upside)
Pan Africa – BUY – TP 74.70 (72% upside)
Kenya Re – BUY – TP 18.75 (59% upside)
CIC – SELL – TP 3.37 (18% downside)
Source: Standard Investment Bank – 30.01.2013
They were right on 4 and very wrong on CIC.
Greed is fear.