Saudi Fransi Capital maintains ‘sell’ on Mobily; adopts bleak outlook

04/08/2015 Argaam

Saudi Fransi Capital has maintained a “sell” recommendation on Etihad Etisalat Co. (Mobily) and left its target price unchanged at SAR 30 amid pressure on the telco’s operating performance and profitability.

 

The outlook for Saudi Arabia’s second-largest mobile operator is bleak as there are no signs that point to a return in earnings growth, the brokerage firm said in a report.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.