ETIHAD ETISALAT
7020
8.48%
51.80
4.05
7020
Al-Istithmar Capital has stated that Q1-14 earnings of Etihad Etisalat (Mobily) reaching SAR 1.4 billion were 3.4% higher than its estimates of SAR 1.448 billion.
The research firm recommended ‘Neutral’ on the stock, setting the fair value at SAR 102.
The telco posted SAR 1,340 million net earnings for the first quarter of 2014, compared with SAR 1,400 million a year earlier, a rise of 4.48%.
The research firm recommended ‘Neutral’ on the stock, setting the fair value at SAR 102.
The telco posted SAR 1,340 million net earnings for the first quarter of 2014, compared with SAR 1,400 million a year earlier, a rise of 4.48%.
Source:
Mubasher