Equity Research Alert on Q3 2012 – Issuing a HOLD rating on admin March 7, 2013 We updated our target price on Ezz Steel to EGP 10.27 with a HOLD recommendation after accounting for the additional specific risk associated Read More
Equity Research Alert on Q3 2012 – Reducing El Sewedy to a admin February 8, 2013 We downgrade El Sewedy Electric to a HOLD rating with Medium risk, lowering the target price to EGP 24.40 per share from EGP 28.2 Read More
Equity Research Blominvest initiates coverage on TMG with a HOLD rating as admin February 4, 2013 We initiate coverage on Talaat Moustafa,the largest real estate developer in Egypt, with a HOLD Rating and a target price of Read More
Equity Research Alert on Q3 2012 – Maintaining an ACCUMULATE rating on admin December 10, 2012 We maintain an “Accumulate” rating on Arab Bank with a target price of JOD 8.00, presenting a 16.6% premium over its recent closing price. Read More
Equity Research Alert on H1 2012 – Maintaining a HOLD on Holcim admin October 31, 2012 We maintain a HOLD rating on Holcim Liban with a target price of USD 15.21 per share, presenting only a 1.93% downside over its Read More
Equity Research Blominvest Initiates coverage on SODIC with an ACCUMULATE Rating and research October 1, 2012 We have initiated coverage on SODIC, an Egyptian real estate developer, with an ACCUMULATE rating and a fair value of EGP 27.00 per Read More
Equity Research Alert on H1 2012 – El Sewedy undervalued, but Syria admin September 10, 2012 We upgrade El Sewedy to an ACCUMULATE rating with Medium risk following the release of their H1 2012 results, raising the target price Read More
Equity Research Initiating coverage with an ACCUMULATE rating on Arab Bank and admin August 28, 2012 We initiate coverage on Arab Bank, a leading bank in Jordan and the region, with an ACCUMULATE rating and a fair value Read More
Equity Research Alert on H1 2012- Maintaining our ACCUMULATE on Yamama Cement research August 6, 2012 We maintain an ACCUMULATE rating on Yamama, the Saudi cement producer, with a fair value of SAR 51.2 per share, presenting an upside Read More
Equity Research Alert on FY 2011 – Upgrading Solidere to ACCUMULATE with admin June 12, 2012 We upgrads our rating on Solidere to an ACCUMULATE with a 6-month target price of USD 14.80. While 2011 presented a challenging year for Read More