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AGR Keeps Buy Rating on CFG Bank – 39% Upside Target

Attijari Global Research reaffirmed its "Buy" stance on CFG Bank, setting a price target of 287 MAD and implying a 39% upside from the current 207 MAD level. The bank delivered results that beat expectations, with net banking income soaring 32.5% to MAD 1.247 bn, driven by a 42.6% jump in interest margin and a strong rise in loan book, especially in the corporate segment.

May 13th, 2026
2 min read
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Attijari Global Research reaffirmed its "Buy" stance on CFG Bank, setting a price target of 287 MAD and implying a 39% upside from the current 207 MAD level. The bank delivered results that beat expectations, with net banking income soaring 32.5% to MAD 1.247 bn, driven by a 42.6% jump in interest margin and a strong rise in loan book, especially in the corporate segment.

Attijari Global Research reaffirmed its "Buy" stance on CFG Bank, setting a price target of 287 MAD and implying a 39% upside from the current 207 MAD level. The bank delivered results that beat expectations, with net banking income soaring 32.5% to MAD 1.247 bn, driven by a 42.6% jump in interest margin and a strong rise in loan book, especially in the corporate segment.

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