Mubasher: The research unit of the Qatar National Bank (QNB) on Thursday recommended the building of positions in Gulf Bank of Kuwait’s (GBK) stock, setting the target price at 345 fils per share.
Since 17 December 2018, the stock grew 15%, which gave rise to the reevaluation, according to a report released by QNB Financial Services Research.
The main risks facing the growth of GBK’s stock include geopolitical factors and unexpected asset depreciation.
