AL BARAKA BANK EGYPT
SAUD

EGX

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

13.50 EGP

+23.29%
Holding Period

More than 12 months

Final Recommendation

Buy stock at the current price

Valid Until

April 30, 2025 at 11:59:59 PM

Risk Assessment

Medium

Confidence Score

78.00%

Potential Growth

20.50%

Investment Reason

SAUD demonstrates strong fundamentals with a competitive P/E ratio of 7.68 and a dividend yield of 3.18%, supported by Egypt's improving economic reforms and investor confidence in the financial sector. Recent market activity shows consistent gains, aligning with EGX's upward momentum in 2024.

Overview
Recent Performance

SAUD gained 1.33% in recent trading, outperforming the EGX30's 3.44% monthly rise. The stock's volatility is moderate, with a current price of 10.95 EGP, supported by strong liquidity.

Economic Factors

Egypt's inflation stabilization, currency reforms, and IMF agreements enhance SAUD's growth potential amid rising foreign investor participation.

Competitive Positioning

SAUD is a key player in Egypt's financial sector, leveraging strategic partnerships and a diversified portfolio to capitalize on regional investment flows and economic recovery.

Analysis Summary

SAUD's strong fundamentals, dividend stability, and alignment with Egypt's macroeconomic recovery make it a compelling buy. Target price reflects 23.29% upside from current levels.

Key Points
  • 1.33% recent gain with strong EGX30 correlation
  • Attractive P/E (7.68) and dividend yield (3.18%)
  • Strategic position in Egypt's recovering financial sector
  • 23.29% expected return within 12 months
Recommendations