Risk factor
Resilient to price shocks
Profitability factor
Slightly undervalued vs peers
About
Emirates NBD Bank PJSC, founded in Dubai, UAE, in 1963, and operating as a subsidiary of the Investment Corporation of Dubai, delivers a wide array of banking and financial services. These include corporate, institutional, retail, treasury, and Islamic banking across its various entities. For government and corporate customers, the bank supplies current and savings accounts, customer deposits, overdraft facilities, trade finance, and term loans, along with investment banking, structured financing, and Islamic financial products. Retail clients are offered loans and deposits, private banking, wealth management, equity broking, asset management, and consumer financing solutions. Furthermore, the company manages call center operations, real estate, and trust administration, and engages in medium-term borrowing and money market transactions. Its extensive geographical reach includes operations in the United Arab Emirates, Egypt, India, Turkey, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia, and Bahrain, complemented by offices in China and Indonesia.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. Specifically, the stock is fairly valued on P/E, reasonably priced on P/RIBP. Ed
Target Price
The average target price of EMIRATESNBD.AE is 33.1 and suggests 9.11% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral rec