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25 October 04:10 PM Al-Rajhi raises Sipchem TP to SAR 26/shr
Riyadh - Mubasher: Al Rajhi Capital Research has raised the target price (TP) for the stock of Saudi International Petrochemical Company (Sipchem) to SAR 26 per share, with an “Overweight" rating. Sipchem achieved better-than-expected financial …
This free-of-charge ‘KFHTrade’ service will offer stocks trading
18 October 04:24 PM ‘KFHTrade’ free service to support GCC brokers, investors
Edited By: Ingy ElSafy Mubasher: Kuwait Finance House (KFH) has launched a new service ‘KFHTrade’ in collaboration with KFH Capital for investment Co, according to an official statement by the bank on Thursday. KFHTrade will offer high standards …
Boursa Kuwait has resumed trading on Munshaat stock
18 October 12:33 PM Kuwait’s Munshaat approves settlement with Saudi GAZT
Mubasher: Munshaat Real Estate Projects announced that its board members approved on Wednesday the report proposed by the external advisor regarding distributing the amount realised from the settlement with the Saudi General Authority of Zakat and …
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16 October 06:14 PM Al-Rajhi raises TP for Jarir to SAR 177/shr
Riyadh - Mubasher: Al Rajhi Capital Research has maintained its Neutral recommendation on Jarir Marketing, but raised the company’s stock target price (TP) to SAR 177 per share, from SAR 166. The company’s earnings during the third quarter of the …
The cement producer's sales amounted to 870,000 tonnes in Q4-17
8 February 03:25 PM Yamama Cement sees all-time low profits in Q4 – Report
Riyadh – Mubasher: Yamama Cement Co’s net profit for the fourth quarter of 2017 is the lowest in the company’s history, according to a recent report by NCB Capital on Thursday. The Saudi Arabia-based firm's Q4-17 profits of SAR 16.9 million has …
Al-Rajhi remained Neutral on STC's stock at current prices
29 October 2017 05:09 PM Al Rajhi lowers STC’s target price to SAR 69/shr
Riyadh - Mubasher: Al-Rajhi Capital has slightly lowered the target price (TP) for Saudi Telecom Company (STC) to SAR 69 per share, according to a report issued Sunday. The research firm has also maintained its Neutral recommendation on the stock …
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24 October 2017 07:54 PM Al-Rajhi Capital raises Yansab’s TP to SAR 62.5/shr
Mubasher: Al Rajhi Capital have adjusted the target price (TP) for Yanbu National Petrochemicals (Yansab) to SAR 62.5 per share, according to a recent note published on Tuesday. Yanbu National Petrochemicals’ (Yansab) financial results for the …
Zain and Mobily continue to work on controlling costs
26 September 2017 02:12 PM STC remains defensive pick as telecom earnings drop in Q3 – Report
Riyadh – Mubasher: Al Rajhi Capital on Tuesday said that the Saudi telecommunications sector is likely to witness a drop in earnings for the third quarter of 2017. Factors that lead to this decline include; longer than usual school holidays, …
The research firm also maintained its Neutral rating
8 August 2017 10:49 PM Al Rajhi Capital raises Savola’s TP to SAR40.8/shr
Riyadh - Mubasher: Al Rajhi Capital Research has revised its target price (TP) for Savola Group to SAR 40.8 per share, up from SAR 39.4, and maintained their “Neutral” rating, according to a recent report. “Our target price implies 8.9% downside …
The research company decreased the stock’s target price to SAR 57 per share
6 August 2017 08:39 PM Al Rajhi maintains ‘Neutral’ on Herfy; cuts PT
Riyadh - Mubasher: Al Rajhi Capital has maintaited its “Neutral” rating for Herfy Food, and reduced the stock’s price target (PT) to SAR 57 down from SAR 60.6 per share, according to a recent report. “Our target price implies 6.6% upside from the …