UBS Initiates Neutral Ratings for Dubai and Abu Dhabi Islamic Banks
Financial MarketsDubai Islamic BankUpdated 4 hours ago

UBS Initiates Neutral Ratings for Dubai and Abu Dhabi Islamic Banks

UBS has initiated coverage of both Dubai Islamic Bank and Abu Dhabi Islamic Bank, assigning neutral ratings to their stocks with target prices of AED 10.30 and AED 24, respectively. This cautious outlook reflects UBS's assessment of the banks' performance in the current market environment, offering investors a benchmark for their investment decisions.

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Dubai Islamic Bank stock initiated at Neutral by UBS with AED10.30 target
NeutralFinancial Markets
UBS has initiated coverage of Dubai Islamic Bank's stock with a neutral rating and a target price of AED 10.30. This move is significant as it reflects UBS's cautious outlook on the bank's performance in the current market environment, providing investors with a benchmark for evaluating their investment decisions.
Abu Dhabi Islamic Bank stock initiated at Neutral by UBS with AED24 target
NeutralFinancial Markets
UBS has initiated coverage of Abu Dhabi Islamic Bank, assigning it a neutral rating with a target price of AED 24. This move is significant as it reflects UBS's cautious outlook on the bank's performance in the current market environment, providing investors with a benchmark for evaluating their investment decisions.

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