AL BARAKA BANK EGYPT
SAUD

EGX

Current Price
EGP
EGP (%)
Price Upon Recommendation
10.95 EGP
Target Price from Recommendation

11.40 EGP

+4.10%
Holding Period

From 1 to 3 months

Final Recommendation

Buy stock at the current price

Valid Until

May 19, 2025 at 11:59:59 PM

Risk Assessment

Medium

Confidence Score

75.00%

Potential Growth

8.50%

Investment Reason

SAUD (Saudi Egyptian Investment & Finance) is strategically positioned in Egypt's recovering financial sector, benefiting from economic reforms and increased foreign investment. Its recent price stability and alignment with EGX's growth trends signal potential for short-term gains.

Overview
Recent Performance

SAUD's price stabilized at 10.95 EGP, with a tight trading range (10.91–11.05 EGP) amid EGX's broader resilience in 2024 , .

Economic Factors

Egypt's IMF-backed reforms, rising interest rates, and energy subsidy cuts improve macro stability, indirectly supporting financial stocks like SAUD.

Competitive Positioning

SAUD operates in Egypt's underpenetrated financial services sector, leveraging regional partnerships and regulatory tailwinds to capture market share.

Analysis Summary

SAUD's valuation appears attractive relative to peers, with a P/E ratio below sector averages. Short-term price appreciation is likely if EGX maintains momentum amid global market stability.

Key Points
  • SAUD trades at a discount to financial sector peers.
  • EGX's 2024 growth trajectory supports upward momentum.
  • Macroeconomic reforms reduce systemic risk.
  • 8.5% growth potential aligns with IMF-backed stability.
Recommendations