Golden Sachs Downgrades Citadel Capital’s Stock To ‘Sell’

Golden Sachs downgraded, in a recent study, Citadel Capital’s stock (CCAP.CA) from ‘Neutral’ to ‘Sell’. Golden Sachs raised the company’s fair value from EGP 3.5 to EGP 4.17, 9% lower than the stock’s current price EGP4.6.
Golden Sachs has attributed the downgrading to ‘Sell’ to the stock’s recent strong rally.