TheScreener - National Industrialization Co. (2060) NATIONAL INDUSTRIAL sees a downgrade to Slightly Negative on account of less fundamental stars

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NATIONAL INDUSTRIAL sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of NATIONAL INDUSTRIAL (SA), active in the Commodity Chemicals industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date February 25, 2022, the closing price was SAR 21.14 and its target price was estimated at SAR 18.27.

26/02/2022 1 EN

Underlying

National Industrialization Co.

National Industrialization Company is engaged in investing the fields of manufacturing and processing of petrochemicals and chemicals, engineering and mechanical industries, management and acquisition of industrial projects and marketing of their products. Petrochemical activity includes production of ethylene, polyethylene, propylene and polypropylene. Industrial activity includes production and marketing of titanium dioxide, production of liquid batteries for cars and other industrial uses, production of lead and plastics, including acrylic and poly carbonate sheets. Other activities include marketing of plastics products and batteries, rendering technical services and others.

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SA0007879170 Saudi Stock Exchange Saudi Arabia

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NATIONAL INDUSTRIAL sees a downgrade to Slightly Negative on account of less fundamental stars

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An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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