Cairo – Mubasher: Pharos Research increased the fair value (FV) of Juhayna Food Industries’ stock from EGP 6.40 to EGP 7.88, with an "Equalweight" rating.
Juhayna is expected to maintain its market status over the next five years and to grow in line with the entire market, according to Pharos’ report.
The research firm forecast a 15% increase in Juhayna’s prices during 2017.
