Risk factor
Good trading liquidity
Profitability factor
Strong margins and returns
About
The Company for Cooperative Insurance provides various insurance and reinsurance solutions for individuals and companies in the Kingdom of Saudi Arabia. It operates through Medical, Medical Umrah, Motor Insurance, Property and Casualty, General Accident Insurance, Travel and COVID-19, Protection and Saving, and Teejan Al- Khaleej segments. The company offers medical, motor, marine, fire, engineering, energy, aviation, takaful, property and casualty, energy, general accident, international travel, medical malpractice, COVID-19 travel, shop owners, and protection and savings insurance products. It also provides manafeth third party liability insurance for foreign vehicles, as well as consulting services; and facilities for insurance and healthcare businesses. The company was formerly known as National Company for Cooperative Insurance and changed its name to The Company for Cooperative Insurance in 2004. The Company for Cooperative Insurance was incorporated in 1986 and is headquartered in Riyadh, Saudi Arabia.
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of 8010.SR is 157 and suggests 22% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
