Kuwait-Mubasher: Goldman Sachs has set the National Bank of Kuwait’s (NBK) price target at 750 fils per share.
The American multinational banking firm has recommended ‘Buy’ on NBK’s stock, with a positive outlook, the bank said in a bourse statement.
This step will enhance NBK’s position in the local and regional markets.
Goldman Sachs expected the bank to achieve its best performance in net operating profits of the fiscal year 2016/2017.
Meanwhile, NBK’s stock ended Sunday’s session at 630 fils.
