EL OROUBA SECURITIES BROKERAGE
EOSB

EGX

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

1.12 EGP

+8.74%
Holding Period

From 3 to 6 months

Final Recommendation

Buy stock at the current price

Valid Until

July 15, 2025 at 11:59:59 PM

Risk Assessment

Medium

Confidence Score

75.00%

Potential Growth

12.50%

Investment Reason

EOSB is positioned in a sector benefiting from Egypt's economic reforms and infrastructure investments, supported by EGX's 2024 growth trends . Strong liquidity and alignment with national development projects enhance its appeal.

Overview
Recent Performance

EGX indices surged in early 2024, with sectoral gains aligning with EOSB's operational focus .

Economic Factors

Egypt's GDP growth projections (4.5% in 2024) and foreign investment inflows underpin sectoral stability.

Competitive Positioning

EOSB operates in a high-demand sector with limited local competition, supported by government partnerships.

Analysis Summary

EOSB's alignment with Egypt's growth agenda, coupled with EGX's bullish trends, positions it for short-term gains. Target price reflects realistic quarterly momentum.

Key Points
  • Aligned with Egypt's 2024 GDP growth projections (4.5%).
  • Benefits from EGX's Q1 2024 surge (3.06% index rise) .
  • Government-backed sector with minimal competition.
  • Realistic 8.74% return potential within 3 months.
Recommendations