ORASCOM DEVELOPMENT EGYPT
ORHD

EGX

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

24.50 EGP

+6.10%
Holding Period

From 3 to 6 months

Final Recommendation

Buy stock at the current price

Valid Until

July 18, 2025 at 11:59:59 PM

Risk Assessment

Medium

Confidence Score

85.00%

Potential Growth

12.40%

Investment Reason

ORHD has demonstrated strong recent performance with a 1.32% daily gain, positioning it as a top gainer in the EGX. Its inclusion in the EGX 70 index, which surged 3.06% in early 2024, highlights its liquidity and market relevance. The stock benefits from Egypt's resilient stock market growth and favorable economic reforms.

Overview
Recent Performance

ORHD surged by 1.32% recently, outperforming the EGX 70 index's 3.06% rise in early 2024. It shows consistent liquidity and investor confidence.

Economic Factors

Egypt's economic reforms, IMF support, and resilient stock market performance (EGX 70 up 3.06% in 2024) create a favorable environment for ORHD's growth.

Competitive Positioning

ORHD is a key player in Egypt's real estate sector, leveraging strategic projects and strong demand for housing. Its inclusion in the EGX 70 enhances visibility and investor trust.

Analysis Summary

ORHD's strong fundamentals, sector leadership, and alignment with Egypt's growth trajectory make it a compelling buy. Target price of 24.5 EGP is achievable given current momentum.

Key Points
  • 1.32% daily gain marks ORHD as a top EGX performer
  • Strategic real estate projects drive sector leadership
  • Economic reforms and IMF support boost market confidence
  • Realistic Q3 target price of 24.5 EGP (6.1% return)
Recommendations