CMGP Group – Investment Opportunity on the Casablanca Stock Exc CMGP Group – Investment Opportunity on the Casablanca Stock Exchange!
In-depth analysis for investors interested in Moroccan stocks!
CMGP Group is showing strong growth, with revenue up +12.2%, reaching 2.327 billion MAD.
Technical Price Analysis: Key Support Zone: 340 MAD – Watching for a reaction and potential rebound. Major Resistance Level: 350 MAD – A breakout could confirm bullish momentum.
-EPS & Valuation: 10.76 MAD , with an estimated intrinsic value of 220 MAD.
Why Watch CMGP Group? Rapid expansion in West Africa (Ghana, Senegal, Mauritania) Strong positioning in sustainable agriculture and solar energy Impressive profit growth of +49.1%
Investment Strategy Bullish Scenario: Buy after breakout 340-350 MAD, target 350-380 MAD. Bearish Scenario: Breakdown below 340 MAD, target 330 MAD.
Interested in Moroccan stocks too? Follow my insights on @GoldenZoneFX What’s your view on CMGP and the Casablanca Stock Exchange? Let’s discuss!
