Wednesday 14, February 2018 by Jessica Combes

Arqaam Capital maintains buy rating and take profit call for Mazaya

 

Arqaam Capital expects great potential for investment in the Boursa Kuwait-listed Al Mazaya Holding stocks as the investment bank has maintained ‘buy’ rating and further raised its target price’ to 165 fils per share for the Kuwaiti real estate company on expected future handovers, improving development margins and rising rental income in 2018 onwards.

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