Riyadh-Mubasher: Alistithamr Capital said Advanced Petrochemical's net profits for the fourth quarter of 2015 match its forecasts.
The research firm placed a 'Neutral' recommendation on the stock, setting the price target at SAR 36.
The petrochemical producer posted net earnings of SAR 146 million for Q4-15, a fall of 27% compared with SAR 200 million in the year-ago period.
