- Naranj Research Desk
Riyad Bank offers a range of banking and investment services in Saudi Arabia. Its operations include Retail Banking, Investment Banking and Brokerage, Corporate Banking, and Treasury and Investments. Retail Banking provides deposits, credit, and investment options for individuals and small to medium businesses. Corporate Banking focuses on current accounts, loans, and credit facilities. The Treasury and Investments segment handles money market activities and manages investment portfolios. Investment Banking and Brokerage offers asset management and securities services. Additionally, the bank provides credit cards, trade finance, payroll solutions, and various loan products, including personal and mortgage loans. It also engages in real estate transactions and insurance agency services, along with financial technology solutions. Riyad Bank has branches in Saudi Arabia, the UK, and the US, with a representative office in Singapore and ATMs. Established in 1957, its headquarters is in Riyadh, Saudi Arabia.
RIBL — TASI —
Current RSI of this stock is 58.69, which indicates the strength of buyers.
MACD line is about to cross the signal line from the below, generates bullish signal.
The short length exponential moving average (10 EMA) has just crossed the long length Exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Based on our saudi stocks trading signals, Riyadh Bank stock price target will be SAR 33.2 - SAR 33.5 in the next 14-15 trading sessions.