Equity Group Holdings stock gets a KES 126.78 target increase

Published on 10/05/2026 at 17:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Equity Group Holdings stock posted H1 profit after tax of KES 45.5 billion, up 32 percent, after August 19 results. The October 2 close was KES 105.50.

EQTY, KE0000000554, Illustration mit AI erstellt.

Equity Group Holdings (ISIN KE0000000554) stock was last at KES 105.50 on the Nairobi Securities Exchange on October 2, 2026, up 0.48 percent for the session. The latest analyst update lifted the central fair value from KES 104.59 to KES 126.78, putting the valuation debate ahead of the next company report.

Target rises to KES 126.78

According to Simply Wall St on October 2, 2026, AnalystConsensusTarget raised its Equity Group Holdings fair value from KES 104.59 to KES 126.78. The revised figure is 20.0 percent above the October 2 closing price, calculated from the two published values.

The update points to higher projected revenue growth, stronger profit margins and a lower forward P/E assumption. It is a model-based consensus update rather than a company forecast, so the key question is whether the H1 earnings pace can continue across the regional banking network.

H1 profit reaches KES 45.5 billion

According to Billionaires.Africa, Equity Group reported H1 2026 profit after tax of KES 45.5 billion on August 19, 2026, up 32 percent from KES 34.6 billion in H1 2025. Profit before tax increased 39 percent to KES 57.8 billion.

The balance sheet also expanded during the six months to June 2026. Customer deposits grew 21 percent to KES 1.59 trillion, while total assets reached KES 2.16 trillion, giving the bank a larger funding base for lending and regional expansion.

Regional subsidiaries contributed 42 percent of banking profit after tax and held 52 percent of banking assets in H1 2026. That mix makes geographic execution important: earnings growth is no longer tied only to the Kenyan banking market.

Stock holds a KES 398.1 billion value

Equity Group Holdings closed at KES 105.50 on October 2, 2026, with 1.69 million shares traded. The KES 58.00 to KES 109.00 52-week range places the closing price 3.21 percent below the period high.

The market capitalization was KES 398.1 billion on October 2, 2026. The combination of a 0.48 percent daily gain, 32 percent H1 profit growth and a KES 126.78 fair value estimate leaves earnings delivery as the clearest test for the stock's valuation.