Al Yamamah Steel Industries - ksa - Long-term
We expect the stock to enter an accumulation phase at its current levels, followed by movement towards the targets outlined below. This is supported by improved business results, increased production capacity, and a boost to the construction sector due to interest rate cuts. Although several financial factors are currently affecting the stock, we foresee the possibility of improved financial performance and recovery by the first half of 2025.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.