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: