We revise our target price on Ezz Steel up to EGP 12.07 per share from EGP 10.27 per share previously, using a WACC of 20% Read More
Alert on H1 2013- Maintaining our ACCUMULATE on Yamama Cement after accounting for revised forecasts
We maintain an ACCUMULATE rating on Yamama, raising its target price to SAR 57.74 from SAR 51.20 previously, after it was reached during June 2013 Read More
We maintain a HOLD rating on Solidere with a 6-month target price of USD 13.31, a 4.1% premium over today’s closing price of Read More
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
We value El Sewedy Electric at EGP 19.00 per share presenting a 9.13% premium over its recent closing price. This led us to maintain Read More
Following the release of Solidere’s 2012 results, Blominvest Bank has issued its update on the Lebanese real estate company downgrading its rating Read More
We lower our target price on SODIC to EGP 18.48 per share from EGP 23.32 previously as Q1 results missed expectations. We maintain our Read More
As part of our Ezz Steel coverage, please find attached an update following its FY 2012 financial results. We maintain our target price Read More
Talaat Moustafa released its financials for the first quarter of 2013, recording a 17% y-o-y increase in revenues to EGP 1,522 million, in line with Read More
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. Read More
