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Al Jazeera Capital Sees Value in Extra's Drop

Al Jazeera Capital Sees Value in Extra's Drop

Aljazira Capital announced that the significant decline in "Extra" share price presents an attractive investment opportunity, with a recommendation to increase holdings based on a targeted price assessment of 98.6 riyals, representing a potential rise of 31.9% from the current price. It also revealed that recent regulatory adjustments by the Saudi Central Bank have negatively impacted the company's shares, but they still remain an attractive investment, supported by excellent dividend yields and expectations of profit and revenue growth in the medium term, along with the backing of its partnership with "Banader" and its digital transformation.

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