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BMCE Capital has issued a buy recommendation for Tunis Re shares, the leader in reinsurance in Tunisia, highlighting an attractive valuation and promising prospects.

In a note published on July 10, 2024, BMCE Capital values Tunis Re shares at 9.3 dinars, with attractive P/E ratios of 7.7x for 2024 and 7x for 2025, thus offering an upside potential of 33% compared to its current price of 7 dinars…

 

To download the “Equity Note by BMCE Capital, July 2024”, please click on the link below:

 

Analysis of “BMCE Capital” 

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Vie: 11.0% Incendie: 20.0%ARD : 10.0%Risques techniques : 10.0%Engineering: 10.0%Transport : 15.0%Transport corps : 6.0%Transport FAC: 6.0%Aviation: 9.0%Energie : 3.0%100%Chart created using amCharts library