Al-Rajhi Cap maintains ‘overweight’ on eXtra, ups TP at SAR 180

08/09/2021 Argaam

Logo of United Electronics Co. (eXtra)

United Electronics Co.’s (eXtra) Q2 2021 net profit, which exceeded SAR 100 million, came above Al-Rajhi Capital’s estimate of SAR 84 million.

 

Al-Rajhi Capital affirmed its “overweight” rating on the stock, raising its target price at SAR 180, the research firm said in a recent note.

eXtra - Al-Rajhi Capital

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