Arab Finance: Beltone Securities Brokerage has set the target price for Cairo Poultry (CPC) at EGP 4.8 per share with a “Buy” recommendation, the company revealed in a research note on February 21^st.

“Going forward, we expect CPC’s top line and earnings to grow at 2021–26e CAGRs of 13% and 18%, respectively, assuming modest sales volumes and cooling off commodity prices,” Beltone said.

Founded in 1977, CPC owns several subsidiaries and manages 11 retail outlets, having a rich portfolio of star brands including Koki and Americana Meats. CPC is a key supplier for prominent restaurants in the region

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