Doha – Mubasher: Qatar National Bank’s research unit said on Monday that it raised the target price of Qatar Gas Transport Company (Nakilat) share to QAR 26 from QAR 24.7, after MSCI announced its listing in the emerging market index.  

The bank issued a report that expects a 2.7% increase in Nakilat’s revenues in 2015, 1.7% in 2016 and 1.4% in 2017.

The falling oil prices continues to be the main risk faced by the Qatar listed company in the upcoming period, besides the high cost of running its ships.

The company earlier posted a profit of about QAR 756.3 million in the first nine months of 2015, versus QAR 692 million in the same period last year.