EGYPTIAN FOR TOURISM RESORTS
EGTS
EGX
Current Price
EGP
EGP (%)
Price Upon Recommendation
7.57 EGP
Target Price from Recommendation
8.52 EGP
+12.50%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
82.00%
Potential Growth
12.50%
Investment Reason
EGTS demonstrates strong momentum with a recent surge in Egypt's EGX indices, supported by sector leadership in industrials and favorable economic reforms .
Overview
Recent Performance
EGTS surged 3.06% in early 2024, aligning with EGX 70's strongest daily performance .
Economic Factors
Economic reforms, tourism rebound, and foreign investment inflows boost EGX liquidity .
Competitive Positioning
Dominant player in Egypt's industrial sector with expanding market share and strategic government partnerships .
Analysis Summary
EGTS benefits from Egypt's economic recovery, industrial demand, and technical breakout above 7.50 EGP resistance.
Key Points
- 12.5% growth potential within 30 days
- Strong alignment with Egypt's EGX 70 surge
- Strategic industrial sector dominance
- Government-backed economic reforms catalyst
