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Sohar International Bank SAOG
Capital Investments- Thursday, April 18, 2019
We reduce our 12-month target price (TP) for Sohar International Bank (BKSB), previously Bank Sohar, to OMR 0.121 per share from our earlier TP of OMR 0.150 per share due to: (1) a steep rise in risk-free rate of Oman (Current: 6.5%, our previous report: 5.1%), and (2) a higher Beta value sourced from Bloomberg. We revise its rating downward from Accumulate to HOLD.
Country :
Regional
Report Type :
Special Edition
Report Date :
Thursday, April 18, 2019
Provided by :
Capital Investments Capital Investments
Report Size :
990
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