2060 Al Tasni Company Summary

May 29
2060 Al Tasni Company, currently priced at SAR 11.40, operates in the petrochemical manufacturing sector. The stock is forming a price range between SAR 11.10 and SAR 11.60, presenting a potential entry point for investors.

With a 52-week range of SAR 10.40 to SAR 15.50, the company has shown volatility influenced by market trends.

It maintains a robust balance sheet with healthy cash reserves and manageable debt. Recent financial results indicate consistent revenue and profitability.

Analysts rate the stock as a "Buy," with a 12-month price target of SAR 14.00 to 17.

A Key growth drivers include expansion plans, new product lines, and strategic partnerships. Investors should monitor global oil prices and regulatory changes in Saudi Arabia, while considering a stop loss at SAR 10 to manage risk.