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2026-08-06T00:00:00.000Z

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Research firm advises increasing Al-Mawarid holdings to target 123.75 riyals

Research firm advises increasing Al-Mawarid holdings to target 123.75 riyals

Resources Human Resources Company showed a strong performance in the second quarter of 2026, with net profits increasing by 54.51% to reach 50.03 million SAR. This growth was supported by higher revenues and improved profit margins in the individual sector. Al Jazira Capital recommends increasing holdings in the stock, with a target price of 123.75 SAR. Profit growth is expected to continue due to rising demand from companies and an expanding workforce, amid a price-to-earnings ratio of 11.7 times and a dividend yield of 2.8% for 2026.

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