United Bank for Africa stock gets NGN 63.60 target

Published on 10/08/2026 at 07:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

United Bank for Africa stock was last at NGN 44.55 on October 7, 2026, 19.3 percent below its yearly high. Four analysts set a Strong Buy consensus.

UBA, NGUBA0000001, Illustration mit AI erstellt.

United Bank for Africa (ISIN NGUBA0000001) was last at NGN 44.55 on the Nigerian Stock Exchange on October 7, 2026, 19.3 percent below its 52-week high of NGN 55.20. The fresh catalyst is a CSL Stockbrokers target of NGN 63.60, which places the target 42.8 percent above that price.

CSL sets a NGN 63.60 target

According to Businessday on October 7, 2026, CSL Stockbrokers placed United Bank for Africa on its October BUY list and assigned a NGN 63.60 target. The broker cited the bank's diversified pan-African franchise, capital position and valuation.

CSL also highlighted an annualized cost of risk of 2 percent in Q1 2026, while the bank's African subsidiaries generated more than 50 percent of group revenue in fiscal year 2025, according to the same October 7 report from Businessday.

Consensus stays above the market

Investing.com lists a Strong Buy consensus from 4 analysts, with an average 12-month target of NGN 59.61, a high target of NGN 67.70 and a low target of NGN 47.07. The average target lies 33.8 percent above the NGN 44.55 price.

The valuation picture is paired with a clear near-term date. Investing.com identifies October 16, 2026, as United Bank for Africa's next earnings date, giving investors a defined checkpoint for the bank's earnings trajectory and capital position.

Price remains below the yearly high

The October 7 quote stood above the session low of NGN 44.50 and below the session high of NGN 44.85, while the prior close was NGN 45.05. The daily move was therefore a decline of 1.11 percent, and the share price remained 19.3 percent below the 52-week high.

United Bank for Africa operates corporate, commercial and retail banking businesses across Nigeria, Africa and international markets. Its investor-relations page says ordinary shares are listed on the Nigerian Stock Exchange under the UBA ticker and also describes an OTC-traded global depositary receipt program, according to United Bank for Africa.

United Bank for Africa stock heads toward results

United Bank for Africa stock was last at NGN 44.55 on October 7, 2026. The NGN 63.60 CSL target and the NGN 59.61 consensus target both place the market quote below published analyst expectations, with October 16 the next scheduled earnings date.