(Photo credit: Arabianeye - Reuters)
Industries Qatar
IQCD
IQCD
Doha – Mubasher: Qatar National Bank (QNB) said in a note released Wednesday that it has lowered its price target (PT) for Industries Qatar to QAR 120 from QAR 126.
Industries Qatar’s new PT is 11.6% higher than the current price of QAR 107.5, according to the report.
QNB attributed the decline in the PT of Industries Qatar to the fall in urea and oil prices.
The stock closed today at QAR 107.5, rising 1.22%.
Source:
Mubasher
