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Beltone sets Suez Cement FV at EGP65/shr

Beltone sets Suez Cement FV at EGP65/shr
Photo Credit: Arabianeye-Reuters
Suez Cement
SUCE
-12.19% 28.10 -3.90

Beltone financial said it has set its Fair Value -FV for Suez Cement Co. at EGP65 per share, with 'Buy' recommendation.

 

Beltone said it considers Suez Cement as one of its favorite stocks at the cement sector due its growth potential opportunities.

 

The cement producer has posted a 8.5% decline in FY14 consolidated net profit to EGP 492.6 million ($64.6 million), compared with EGP 538.3 million ($70.6 million) a year earlier.