EGP 1.02% $4.85 echo entertainment group limited

*** CORRECTION, 23/8/13-now TP=$3.00 ***Yes, Deutsche Bank has a...

  1. HSP
    4,103 Posts.
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    *** CORRECTION, 23/8/13-now TP=$3.00 ***


    Yes, Deutsche Bank has a HOLD with a target of $3.00,
    ok, let us look more details about Deutsche Bank ratings,

    10/4/13 TP=$4.50
    25/6/13 TP=$3.40
    5/7/13 TP=$3.30 share price =$2.76
    23/8/13-now TP=$3.00

    **** TP dropping

    4/2/14 share price =$2.32, D.B rating did not change /share price changed -16%

    today share price =$2.18 v 5/7/13 share price -21%

    then have a look EGP prices.
    *** It did not follow Deutsche Bank ratings.

    (I have been bearish of EGP for long time & am holding short position)
 
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