TheScreener - Egyptian Financial Group-Hermes Holding Co. (HRHO) EFG-HERMES HOLDINGS reduced its risk exposure resulting in an upgrade to Slightly Positive

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EFG-HERMES HOLDINGS reduced its risk exposure resulting in an upgrade to Slightly Positive

EFG-HERMES HOLDINGS (EG), a company active in the Investment Services industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date March 8, 2022, the closing price was EGP 17.18 and its potential was estimated at EGP 18.73.

09/03/2022 1 EN

Underlying

Egyptian Financial Group-Hermes Holding Co.

EFG-Hermes Holding is bank based in the Arab world. Co. is engaged in investment banking, securities brokerage, asset management, private equity and research. Co. also participates in the establishment of companies which issue securities or in increasing their share capitals, custody activities and margin trading.

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EGS69101C011 Egyptian Exchange Egypt

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EFG-HERMES HOLDINGS reduced its risk exposure resulting in an upgrade to Slightly Positive

Empowering Investors

HRHO: 2Q22 – Weaker than expected quarterly profits on high opex and lower NBFI growth

HRHO: 1Q22| Quarterly profits mainly supported by aiBank profits

HRHO EY | Up valuation to EGP22.5/share; Maintain OW

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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