1. KQ. NBV KES (31.16). (Start Price: Ksh 3.30; Current Price KES 6.00. Target/ONO Exit Price range Ksh 8.52 by Dec 31st 2026); About 150% Upside

Speculative. Primary appreciation factor is the anticipated KES 69B capital injection by a strategic investor. A high risk play, where the share could face a fresh suspension


2. JUB. NBV KES 783 (Start Price: Ksh 345; Current Price KES 398. Target/ONO Exit Price range Ksh 420 by Dec 31st 2026); About 21% Upside

Dominance in corporate insurance business. Strong sales in run up to the 2027 general election

3. DTB. NBV KES 310 (Start Price: Ksh 117; Current KES 147. Target/ONO Exit Price range Ksh 200 by Dec 31st 2026); About 70% Upside, excluding dividend gain

Grossly undervalued tier 1 banking stock.

4. IMH. NBV 60.4 (Start Price: Ksh 44.90; Current KES 48.75 Target/ONO Exit Price range Ksh 54 by Dec 31st 2026); About 20% Upside, excluding dividend gain

Emerging giant with steep ROI. Over 20% YoY PBT growth projection in near to mid term

5. TPSEA. NBV KES 60.99 (Start Price: Ksh 15.75; Current KES 16.85. Target/ONO Exit Price range Ksh 30 by Dec 31st 2026); About 90% Upside

Recovering tourism industry should restore lost glory.