Doha – Mubasher: Qatar National Bank (QNB) kept the price target (PT) of Gulf International Services (GIS) at QAR 39, according to a statement.

The PT is 45.3% higher than the stock’s trading price, which stands at QAR 26.85.

The company’s stock performance is still strong despite its unchanged PT and lower annual financials.

The company’s stock led losers with a 5.79% decline by 10:50am Qatar time to reach QAR 26.85, its lowest level since March 2013.