E7 Group Kept at Buy as FAB Notes Q2 Earnings

05:50 AM EDT, 08/18/2026 (MT Newswires) -- FAB Securities maintained its buy rating on E7 Group (ADX:E7), with a price target of 1.30 Emirati dirhams, after the company released its second-quarter results. "E7 delivered 6.2% YOY revenue growth in 2Q26, supported by a 30.1% YOY increase in Identity Solutions, which more than offset softer performance across Printing and Education, Packaging and Logistics due to revenue phasing, weaker non-core demand and contract timing. Despite this, the Company has a resilient and recurring revenue base, with 70%+ of revenue recurring through long-term government contracts and 60%+ generated from high-margin Identity Solutions, providing strong revenue visibility," analysts said in a Tuesday first look note. The printing and identity management company logged a rise in attributable net profit to 33 million dirhams, which missed FAB's forecast of 39 million dirhams. Revenue rose to 189 million dirhams, against the research firm's 187 million-dirham estimate. "Considering the Group's strong growth trajectory, healthy balance sheet, expanding international footprint and attractive shareholder returns, we maintain our BUY rating on the stock," FAB said.