We maintain an “Accumulate” rating on Arab Bank with a target price of JOD 7.84, presenting a 10.9% premium over its recent closing price. The Jordanian Bank reported a favorable 15% gain in profits ... read more
We lower our target price on El Sewedy Electric to EGP 19.00 per share using a DCF method with a WACC of 16.50% and a terminal growth rate of 3%. Trading at a sizeable price-to-earnings ratio of 37, we do ... read more
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