07/11/2024 Argaam Exclusive
AI Summary
Shares of Al Rajhi Bank gained 2% today, Nov. 7, reaching SAR 92.70n to mark highest close in two and a half years (June 2022).
The stock hit an intraday high of SAR 93.
| Year High (SAR) | Year Low (SAR) |
| 93.00 | 69.80 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 117.40 | 2.16 |
Therefore, the stock has gained approximately 30% in 12 months.
| Open | 95.20 |
| Low | 94.25 |
| High | 95.50 |
| Previous Close | 95.60 |
| Change (3M) | 3.08 % |
| Change (6M) | 4.14 % |
| Market Value | 382,000.00 |
| Avg. Volume (3M) | 4,043,895.38 |
| Avg. Turnover (3M) | 417,031,446.30 |
| Avg. Transaction (3M) | 9,291.81 |
| Change(12M) | 3.47 % |
| YTD | 0.95 % |
Al Rajhi Bank made several changes to its capital as follows:
| Date | Type | Capital (M Riyal) | Change (%) |
| 2022 | Split | 40,000.00 | 60.00% |
| 2019 | Split | 25,000.00 | 53.85% |
| 2014 | Split | 16,250.00 | 8.33% |
| 2008 | Split | 15,000.00 | 11.11% |
| 2007 | Split | 13,500.00 | 100.00% |
| 2006 | Split | 6,750.00 | 50.00% |
| 2005 | Split | 4,500.00 | 100.00% |
| 1998 | Split | 2,250.00 | 50.00% |
| 1991 | Split | 1,500.00 | 100.00% |
| Financial Ratio | Current |
| Market Cap (M Riyal) | 382,000.40 |
| Shares Outstanding ((M)) | 4,000.00 |
| EPS ( ) (TTM) | 5.98 |
| Book Value (BV) ( Riyal) (Latest announcement) | 27.19 |
| Recurring P/E | 15.96 |
| Price/book | 3.51 |
| Dividend Yield (%) (Last Year) | 2.84 |
| Return on Average Assets (%) (TTM) | 2.44 |
| Return on Average Equity (%) (TTM) | 23.50 |
| EPS Diluted ( Riyal) | 5.63 |
| Par Value ( Riyal) | 10.00 |
Fair Average Price
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Buy | EFG-Hermes | 88.20 | 105.00 | 19.05 % | |
| Neutral | Riyad Capital | 84.90 | 82.00 | (3.42 %) | |
| Neutral | SNB Capital | 86.50 | 81.90 | (5.32 %) | |
| Overweight | AlJazira Capital | 84.90 | 102.00 | 20.14 % | |
| Neutral | Riyad Capital | 85.80 | 82.00 | (4.43 %) | |
| Neutral | Sico | 84.00 | 96.00 | 14.29 % | |
| Buy | EFG-Hermes | 85.70 | 105.00 | 22.52 % | |
| Overweight | AlJazira Capital | 80.10 | 102.00 | 27.34 % | |
| Hold | United Securities Company | 88.70 | 92.00 | 3.72 % | |
| Neutral | Citi Bank Group | 88.70 | 98.50 | 11.05 % | |
| Buy | Bank of America | 88.50 | 111.00 | 25.42 % | |
| Overweight | Morgan Stanley International | 88.10 | 106.00 | 20.32 % | |
| Hold | Arqaam Capital | 88.60 | 73.50 | (17.04 %) | |
| Hold | HSBC | 88.60 | 87.50 | (1.24 %) | |
| Neutral | JP Morgan | 89.10 | 94.00 | 5.50 % | |
| Hold | Goldman Sachs | 89.10 | 77.30 | (13.24 %) | |
| Hold | FAB Securities | 83.80 | 90.00 | 7.40 % |
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