Al Rajhi Cap maintains ‘Underweight’ on Herfy, raises TP to SAR 58/share

08/09/2021 Argaam


Herfy Food Services Co.’s Q2 2021 net profit, which amounted to nearly SAR 27 million, beat its forecast of SAR 26 million, Al Rajhi Capital said in a recent report. 

 

The research firm maintained its "Underweight" rating on the stock, raising its target price to SAR 58/share. 

 

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