Mubasher: Qatar National Bank (QNB) Financial Services has recommended executing accumulation on the stock of the National Bank of Kuwait (NBK).
The QNB's subsidiary has set the target price for NBK at 856 fils, 14.5% higher than the closing of the stock at 748 fils on Sunday, according to a recent report.
NBK is the largest profit-generating bank in Kuwait with a strong financial solvency, according to QNB’s report.
