Equity Research Alert on H1 2014 – Downgrading Ezz Steel to a HOLD rating on weaker outlook admin October 8, 2014 We downgrade Ezz Steel to a HOLD rating, revising down our target price to EGP 18.06 per share as we view the current Read More
Equity Research Alert on H1 2014 – Maintaining an ACCUMULATE on El Sewedy following impressive half-year operational and financial performance admin September 22, 2014 We maintain our ACCUMULATE rating on El Sewedy Electric, revising up our target price to EGP 46.23 per share on signs of improving Read More
Equity Research Alert on H1 2014 – Blominvest maintains an ACCUMULATE on Talaat Moustafa on strong operational and financial performance admin September 5, 2014 We maintain our ACCUMULATE rating on TMG, revising up our target price to EGP 12.48 per share on promising outlook following robust off-plan Read More
Equity Research Alert on H1 2014 – Maintaining an ACCUMULATE on SODIC as land replenishment may lead the way to stronger growth potential admin September 2, 2014 We raise our target price on SODIC to EGP 53.45 per share, maintaining our ACCUMULATE rating as land replenishment may lead the way Read More
Equity Research Alert on H1 2014 – Maintaining a HOLD on Yamama Cement on a positive reform in the Saudi equity market admin August 28, 2014 We maintain our HOLD rating on Yamama with a higher target price of SAR 63.18 per share on positive reform in the Saudi Read More
Equity Research Alert on FY 2013 – Maintaining a HOLD on Holcim Liban on lack of robust growth in fundamental indicators admin July 21, 2014 We lower our target price on Holcim Liban (HL) to USD 15.10 from USD 15.21 previously, maintaining a HOLD recommendation. HL appears to be Read More
Equity Research Alert on Q1 2014 – Upgrading Global Telecom to a HOLD on potential improving fundamental conditions admin July 10, 2014 We revise up our target price on Global Telecom to EGP 5.60 per share, upgrading to a HOLD recommendation as we believe the Read More
Equity Research Alert Q1 2014 – Maintaining an ACCUMULATE on SODIC on positive future growth prospects admin July 1, 2014 We raise our target price on SODIC to EGP 34.82 per share, maintaining our ACCUMULATE rating on clearer political and legal pictures. We Read More
Equity Research Alert on Q1 2014 – Maintaining an ACCUMULATE on Talaat Moustafa as the new political climate may usher a brighter economic picture admin June 24, 2014 We maintain an ACCUMULATE rating on TMG, revising our target price up to EGP 10.07 per share from EGP 9.17 per share previously. Our Read More
Equity Research Alert on FY 2013 – Issuing an ACCUMULATE on El Sewedy on easing political and economic conditions admin May 1, 2014 We revise up our target price on El Sewedy to EGP 37.71 per share, issuing an ACCUMULATE rating as the easing political and Read More