Shuaa Capital sets Aramex PT at AED4.05

Dubai - Mubasher: The research unit at Shuaa Capital set the price target (PT) for Aramex at AED 4.05, and lowered its recommendations from ‘buy’ to ‘hold’.

This comes after Aramex posted its financial results for the first half of the year, showing a slowdown in regional growth, which had a negative impact on the company’s revenues.

Mubasher Contribution Time: 04-Aug-2016 16:45 (GMT)
Mubasher Last Update Time: 04-Aug-2016 16:45 (GMT)