QNB sets Vodafone Qatar’s PT at QAR 39
Mubasher: Qatar National Bank (QNB) set the price target (PT) of Vodafone Qatar at QAR 7.3, 22.3% below the stock’s trading price of QAR 9.40.
Vodafone Qatar said today that its net losses for the third quarter ended on 31 December 2016 declined 56.4% to QAR 31.44 million ($8.63 million), compared to QAR 72.16 million ($19.8 million) for the same period of the previous year.
By 11:30am Doha time, the stock declined 0.95% to QAR 9.40 as 49,800 shares were exchanged at QAR 470,100.
