Focus on Data and Mobile Money to Accelerate Growth of MTNGH - SIC Brokerage
We revise our HOLD recommendation for MTNGH to a BUY while revising our target price to GH¢1.10 from the current price of GH¢0.85 per share, representing an upside of 29.41%. We’re bullish on the economic recovery and the long term growth of MTNGH as it focuses more on data and mobile money. Results Summary Service revenue was up by 16.4% to GH¢5,992 million, led by an 8.1% YoY growth in...
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