ARAB REAL ESTATE INVESTMENT CO.-ALICO
RREI

EGX

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

2.55 EGP

+11.80%
Holding Period

From 1 to 3 months

Final Recommendation

Buy stock at the current price

Valid Until

May 18, 2025 at 11:59:59 PM

Risk Assessment

Medium

Confidence Score

75.00%

Potential Growth

12.50%

Investment Reason

RREI is positioned to benefit from Egypt's resilient stock market performance, particularly within the EGX70 index, which has shown strong growth in 2024. The stock aligns with sectors demonstrating liquidity and recovery potential amid regional economic stability efforts.

Overview
Recent Performance

Steady growth, with a 3.06% surge in the EGX70 index in early 2024, reflecting sectoral resilience.

Economic Factors

Egypt's economic recovery, IMF support, and rising foreign investments enhance growth prospects for domestic equities like RREI.

Competitive Positioning

Strong positioning in a high-growth sector, supported by Egypt's economic reforms and increasing market liquidity.

Analysis Summary

RREI shows strong short-term momentum, supported by EGX70's upward trend and favorable macroeconomic conditions. Target price achievable within a month given current volatility and sectoral tailwinds.

Key Points
  • EGX70 surge (3.06% in 2024) signals sectoral strength.
  • 12.5% growth potential aligned with IMF-backed reforms.
  • Target price 2.55 EGP achievable within 30 days.
  • Medium risk with 75% confidence score.
Recommendations