BLOMINVEST downgraded their rating on EZZ Steel from HOLD to SELL with a target price of EGP 7.45, as they don’t see the recovery of the company’s operational performance in the near term, or at least ... read more
We downgrade Ezz Steel to a HOLD rating, revising down our target price to EGP 18.06 per share as we view the current share price as fairly reflective of the market and company risks at hand. We also hold ... read more
We raise our target price on Ezz Steel to EGP 18.38 per share, upgrading our recommendation to ACCUMULATE on the back of recovering operations along with easing macroeconomic and political tensions in ... read more
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% after accounting for the additional specific risk associated with the lawsuits ... 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 at EGP 10.27 per share, using a WACC of 20% after taking into account ... read more
We updated our target price on Ezz Steel to EGP 10.27 with a HOLD recommendation after accounting for the additional specific risk associated with the lawsuits that the company’s ex-chairman is ... read more
We upgrade our rating on Ezz Steel to an ACCUMULATE rating with a fair value of EGP 8.60 following the release of its 2011 results. This presents a premium of 17.5% over its recent closing price EGP 7.32. ... read more
We maintain our HOLD rating on Ezz Steel, and revise our target price upward from EGP 4.3 previously to EGP 6.5 due to a considerable adjustment in the risk premium. The recent court ruling on Talat ... read more
We have updated our recommendation on Ezz Steel to a HOLD rating, with a fair value of EGP 9.50 per share presenting an upside of 8% over its closing price on September 5, 2011. Slower construction ... read more
We downgrade our fair value on EZZ Steel to 14.22 with a SELL recommendation on weaker sales outlook and additional discount rate premium. Click below for the full report: Ezz Steel Rating Update read more
This website uses cookies in order to improve user experience. If you close this box or continue browsing, we will assume you agree with this. For more information click here