As of May 25, 2026, the research office has presented a generally favorable outlook on the Moroccan stock market, indicating a strategic approach to investment opportunities. BKGR has now recommended **22 stocks for purchase**, **9 for accumulation**, **5 for retention**, and only **1 stock for sale**. This comprehensive analysis reflects the evolving dynamics of the market and provides investors with actionable insights.
Among the stocks recommended for purchase, notable names include **Addoha, Afriquia Gaz, Akdital, Alliances, Aradei Capital, AtlantaSanad, Attijariwafa Bank, Auto Hall, BCP, BMCI, CDM, CIH Bank, Ciments du Maroc, Colorado, HPS, Itissalat Al-Maghrib, Jet Contractors, Holcim Maroc, Sonasid, Taqa Morocco, TGCC, and Vicenne**. These selections highlight sectors showing promise and strong performance potential.
Furthermore, BKGR suggests accumulating shares of **Cash Plus, CMG Group, Cosumar, Disway, Label Vie, Mutandis, SMI, Marsa Maroc, and TotalEnergies Marketing Maroc**. This recommendation indicates a belief in the sustained growth and profitability of these companies, making them attractive for medium to long-term investments.
The stocks recommended for retention include **Managem, Minière Touissit, SGTM, Sothema, and Wafa Assurance**. Conversely, **Résidences Dar Saada** is the sole stock rated for sale, with a projected negative potential of -10.7% based on the prices as of May 25, 2026. This stark recommendation serves as a caution for investors considering exposure to this asset.
Several adjustments have emerged from this update, with BKGR now recommending purchases for **Afriquia Gaz, Aradei Capital, Auto Hall, BMCI, CDM, CIH Bank, Ciments du Maroc, Colorado, Itissalat Al-Maghrib, Jet Contractors, and Sonasid**. Additionally, **Disway, SMI, and TotalEnergies Marketing Maroc** have been elevated to the accumulation category, reflecting improved outlooks for these entities.
On the other hand, the **CMG Group** has shifted from a buy to an accumulate rating, mirroring the change for **Marsa Maroc**. Notably, **Sothema** has been downgraded from accumulate to retain. Recommendations for **Taqa Morocco** and **TGCC** have re-emerged with a buying signal after being paused in the previous analysis, indicating renewed confidence in their market positions.
When evaluating potential growth, **BCP** stands out with the highest upside potential at 68.8%, followed closely by **Taqa Morocco** (+65.4%), **Akdital** (+58.9%), **Alliances** and **BMCI** (+41.9%), **CIH Bank** (+40.4%), and **CDM** (+39.9%). In contrast, the stocks exhibiting negative potential primarily include **Managem** (-26.9%), **Résidences Dar Saada** (-10.7%), **Minière Touissit** (-7.2%), and **Wafa Assurance** (-6.8%). These figures illustrate the varied landscape of risk and opportunity within the Moroccan stock market.
As reported by boursenews.ma.
