13 stories mentioning SASE:4190Updated 3d ago
Every FINWIRES story that references SASE:4190, newest first.
Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.
Al Rajhi Capital on Wednesday increased the price target for Saudi Arabian retailer Jarir Marketing (SASE:4190) to 15 Saudi riyals from 14.50 riyals, while retaining its neutral rating.
Arqaam Capital on Monday lowered Saudi Arabian retailer Jarir Marketing Co. (SASE:4190) to sell from hold, while keeping its price target at 14.50 Saudi riyals.
The Tadawul All Share Index closed Wednesday trading lower at 0.10% in the red as investors assess Saudi Arabia's latest economic data.The kingdom's annual inflation rate was stable in June, coming in at 1.8%, which was unchanged from the prior month, the General Authority for Statistics said in its report. On a monthly basis, the index ticked up 0.2%."The prices of the food and beverages division increased by 0.7%, driven by the increase in the food group by 0.7%, and the prices of the housing, water, electricity, gas and other fuels division increased by 0.1%, while the transport division increased by 0.4%," the report said.The country's wholesale prices saw an annual 4.8% growth in June from a 4.6% rise in May. Additionally, Saudi's producer price index data for the kingdom showed a 7.5% year-over-year increase in May. Month over month, the index saw a 1.8% decline.Back at home and on the corporate front, Al Yamamah Steel Industries (SASE:1304) shares declined 1.51% as its Al Yamamah for Reinforcing Steel Bars Co. unit entered into a deal to produce and install steel billet production equipment for an undisclosed company in Europe.Meanwhile, Jarir Marketing Co. (SASE:4190) posted a 17.973% increase in estimated attributable net profit and a 10.813% rise in estimated revenue for the first half of 2026. Shares of the retailer closed 1.40% in the green.
Morgan Stanley on Wednesday increased the price target for Saudi Arabian retailer Jarir Marketing (SASE:4190) to 12.50 Saudi riyals from 12 riyals, while maintaining its underweight rating.
EFG-Hermes Brokerage on Monday raised the price target for Saudi Arabian retailer Jarir Marketing (SASE:4190) to 19.00 Saudi riyals from 15.80 riyals and kept its rating at buy.
Ubhar Capital Oman on Sunday downgraded Saudi Arabian retailer Jarir Marketing (SASE:4190) to hold from accumulate, while maintaining its price target at 15.50 Saudi riyals.
Al Rajhi Capital on Thursday increased the price target for Saudi Arabian retailer Jarir Marketing (SASE:4190) to 14.50 Saudi riyals from 14 riyals, while maintaining its neutral rating.
FAB Securities on Tuesday downgraded Saudi Arabian retailer Jarir Marketing (SASE:4190) to hold from accumulate and kept its price target at 15.50 Saudi riyals.
AlphaMena on Wednesday lowered Saudi Arabian retailer Jarir Marketing (SASE:4190) to reduce from add, while raising its price target to 16.20 Saudi riyals from 15.90 riyals.
Citi on Tuesday raised its price target on Saudi Arabian school supplies retailer Jarir Marketing (SASE:4190), d/b/a Jarir Bookstore, to 15.50 Saudi riyals from 14.50 riyals and maintained its neutral rating.
Riyad Capital on Tuesday lowered Saudi Arabian retailer Jarir Marketing (SASE:4190) to neutral from buy, while maintaining its price target at 16 Saudi riyals.
Arqaam Capital on Sunday increased the price target for Saudi Arabian retailer Jarir Marketing (SASE:4190) to 14.50 Saudi riyals from 13.60 riyals, while maintaining its hold rating.
The Tadawul All Share Index closed the week lower at 0.30% in the red on Thursday as market watchers tuned in to the latest updates on geopolitical conflicts between the US and Iran, as well as Ukraine and Russia.Reuters reported, citing sources in Pakistan, that the Iran-US war might end soon as "sticky issues" regarding its previous failed deal have made progress. The foreign ministry of Pakistan also confirmed that both sides are willing to continue negotiations, with the US side saying that talks were "productive and ongoing.""US-Iran talks may resume in Pakistan this weekend after previous discussions stalled, although no date has been set yet. The Trump administration expressed optimism on Wednesday about resolving the conflict; President Trump stated in an interview with Fox News that the Iran war is 'almost over'," Danske Bank said in a note.On the other hand, dampening sentiment is Russia's newest attack in Ukraine. The strikes in Kyiv and Odesa resulted in casualties, injuries, and property damage.Back at home, Jarir Marketing (SASE:4190) shares gained 2.77% as it logged an estimated 16.658% annual increase in attributable net profit and a 14.371% rise in revenue in the first quarter.Meanwhile, Cherry Trading Co. (SASE:4265) entered a 36-month leasing contract for 275 vehicles. Shares of the car rental and leasing company closed 0.16% lower.
