Provided By:
Credit Suisse ups Mobinil price target to L.E 230
Released on - Thursday,05 November , 2009 -13:15 00
Cairo- Credit Suisse raised Egyptian Company for Mobile Services (EMOB) target price to L.E 230 from L.E 215 and recommends “Neutral” for company stock.
It is notable that, Mobinil, Egypt's largest mobile phone operator by subscribers has reported its Q3 profits with 8% decline.
However, the company has added 1.771 million subscribers in Q3 2009.
Source: Reuters