Strengths

● The group's activity appears highly profitable thanks to its outperforming net margins.

● Historically, the company has been releasing figures that are above expectations.

● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock

● Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.

● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 73 SAR


Weaknesses

● Stock prices approach a strong long-term resistance in weekly data at SAR 97.3.

● The three month average target prices set by analysts do not offer high potential in comparison with the current prices.