Talaat Moustafa Rated New ‘Buy’ at Beltone Financial
Talaat Moustafa Group Holding, Egypt’s biggest publicly traded real-estate developer, was rated “buy” in new coverage at Beltone Financial because the company is expected to sell and deliver ongoing projects.
The share price estimate was set at 5.2 Egyptian pounds per share, the Cairo-based investment bank said in a research note today.