Equity Research Blominvest Issues a HOLD Rating on CIB with a Target Price of EGP 32.14 admin January 15, 2016 We recommend a hold rating on the CIB stock with a target price of EGP 32.14 using a Dividend Discount Model, despite the Read More
Equity Research Blominvest: Issuing a HOLD Recommendation on Sidi Kerir Petrochemicals After Q1 Results Confirmed Weaker Industry’s Fundamentals admin June 15, 2015 We recommend a HOLD on Sidi Kerir’s shares with a target price of EGP 13.32, using DCF Model. Our recommendation is based Read More
Equity Research Alert on Q3 2014 – Maintaining an ACCUMULATE on El Sewedy following impressive operational and financial performance admin December 24, 2014 We maintain our ACCUMULATE rating on El Sewedy Electric, revising our target price to EGP 45.14 per share on ongoing impressive operational and Read More
Equity Research Alert on Q3 2014 – Maintaining an ACCUMULATE on SODIC as the company is in a strong position to attract promising growth opportunities admin December 16, 2014 We maintain our ACCUMULATE rating on SODIC as we believe the company is in a strong position to attract promising growth opportunities. Read More
Equity Research Alert on Q3 2014 – Maintaining an ACCUMULATE Rating on Talaat Moustafa admin December 5, 2014 We maintain our ACCUMULATE rating on TMG, revising down our target price to EGP 11.29 per share as the unresolved Madinaty case continues Read More
Equity Research Alert on Q3 2014 – Blominvest Issues a HOLD on Arab Bank on persistent risks from regional instabilities and terrorism financing case admin November 10, 2014 We issue a HOLD rating on Arab Bank with a Target Price of JOD 7.72 per share as the ongoing fragile regional political Read More
Equity Research Upgrading our target price on Solidere to USD 13.58 following the sale of 36,000 sqm in the Waterfront area admin November 10, 2014 During the analyst’s day held by Solidere on October 30, 2014, the management disclosed the company’s success in closing a deal over 3 Read More
Equity Research Alert on H1 2014 – Maintaining a HOLD Rating on Holcim Liban amid persistent political instability admin October 20, 2014 We value Holcim Liban (HL) at USD 15.28 per share, maintaining our HOLD recommendation as the ongoing presidential vacuum on top of the Read More
Equity Research Alert on H1 2014 – Maintaining our target price on Solidere at USD 13.31 admin October 15, 2014 We maintain our target price for Solidere at USD 13.31 following the release of their H1 results as our previous estimates met the Read More
Equity Research Flash Note – Maintaining our favorable rating on SODIC following the listing of 250 million rights issue admin October 13, 2014 On 01/10/2014, the Egyptian Stock Exchange (EGX) listed and started trading SODIC’s 250 million rights at a par value of EGP 4 per share Read More