Alexandria Container and Cargo Handling to implement package to overcome COVID-19
Pharos Research findings show companyâs performance hindered by macroeconomic effects
Latest in Tag: Pharos Research Highlight
Latest in Tag: Pharos Research
Pharos Research forecasts serious economic downturn in Egypt
Egyptâs valuable tourism one of many sectors to see significant decline due to global Covid-19 pandemic
Egyptâs cement sector wraps up FY19 with sales-volume driven revenue
Efficient players report better margins on favourable cost structure
Inflation deceleration, EGP/USD appreciation, push F&B sector to benefit: Pharos Research
Despite improving macro conditions and consumer spending behaviour, Pharos expects muted growth in Juhayna, Domty and Obour Land companiesâ core product offerings caused by existing market maturity in their respective segments.
Eastern Companyâs employees profit share increase to weigh on performance: report
Firm surplus cash balance dropped by EGP 3bn to EGP 1.78bn
Pharos Research upgrades ADIB Egypt FV to EGP 24
Pharos Research has upgraded its fair value (FV) of Abu Dhabi Islamic Bank-Egypt (ADIB) to EGP 24, with an “overweight” recommendation, according to a recent report. The FV upgrade came on the back of several positive developments, including âa forecasted strengthening momentum in lending activity with a compound annual growth rate (CAGR) of 16% over …
Pharos Research sets EBE fair value at EGP 24.54 with âOverweightâ recommendation
Mubasher Trade maintains âBuyâ rating for Emaar Misr with price target of EGP4.04/shr
Pharos Research maintains Delta Sugar fair value, recommends âOverweightâ
Prime Research expects Porto Group profit to hit EGP 296 million during 2017
Pharos expects Elsewedy Electric to enter new markets, recommends buy on AMOC
Pharos Research has expected Elsewedy Electric to enter new markets in Europe and Latin America to compensate for the decreased demand for wires and cables in the GCC states. The Egyptian firm is aiming to expand across all segments as it maintained capital expenditure of EGP 900 million for fiscal year (FY) 2017, the research note …
Pharos Research recommends âoverweightâ on Egypt Free Shops; maintain FV of Delta Sugar
Pharos Research has initiated coverage on Egypt Free Shopsâ setting stock value (FV) at EGP 7.09 per share, with an âOverweightâ recommendation. Tourist arrivals surged 51% year-on-year during the first five months of 2017, and the increase is âgoing forwardâ, which will positively affect Egypt Free Shopsâ revenues, the research firm said in a report …
Pharos Research initiates coverage for EBE with âoverweightâ recommendation
Pharos Research has initiated its coverage of Export Development Bank of Egypt (EBE) with an âOverweightâ recommendation, and assigned the stock a fair value (FV) evaluation of EGP 24.52 per share. The research firm said in a report that it has based its valuation on a set of key assumptions that underpin the growth potential …