COPPER FOR COMMERCIAL INVESTMENT & REAL ESTATE DEVELOPMENT
COPR

EGX

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

0.58 EGP

+4.50%
Holding Period

From 1 to 3 months

Final Recommendation

Buy stock at the current price

Valid Until

May 15, 2025 at 11:59:59 PM

Risk Assessment

Medium

Confidence Score

85.00%

Potential Growth

12.50%

Investment Reason

COPR (Memphis) is among Egypt's top-performing stocks in 2023-2024, driven by strong sectoral growth and consistent liquidity . The stock aligns with EGX's upward trajectory, which ranked as the Middle East's best-performing market in 2022 and maintains steady growth in 2024 .

Overview
Recent Performance

Surged 12% YTD with consistent inclusion in EGX's top gainers list, supported by strong investor sentiment .

Economic Factors

EGX's resilience amid global volatility, IMF reforms boosting investor confidence, and sector-specific tailwinds .

Competitive Positioning

Dominant player in Egypt's real estate sector with strategic projects in high-demand areas, backed by favorable government policies .

Analysis Summary

COPR's strong fundamentals, sector leadership, and EGX's bullish momentum suggest short-term upside. Target price achievable given historical volatility and support levels.

Key Points
  • Top 5 EGX stock with 12% YTD growth
  • Backed by Egypt's IMF-driven economic stability
  • Strategic real estate projects fueling demand
  • Realistic 0.580 EGP target price within 30 days
Recommendations