15 Hrs
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معلومات مباشر
Source: معلومات مباشر
15 Hrsمعلومات مباشر
Source: معلومات مباشر
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Riyad Capital maintained its “Neutral” recommendation on Elm shares, setting a 12-month target price of SAR 680, compared with a closing price of SAR 622. It estimated potential price appreciation of 9.3%, plus a 1.6% dividend yield, for a total return of 10.9%. The recommendation followed a 39% year-on-year increase in the company’s third-quarter 2026 net profit to SAR 778 million, exceeding expectations, while revenue rose 10% to SAR 2.79 billion, supported by growth in its digital businesses and improved profit margins.
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