Middle Eastern Chemicals
Anticipating stronger near-term earnings at IQ and SABIC
· Earnings growth trend witnessed in Q1 could continue into Q2, in our view
· Strong pricing, volumes and steel margins to boost IQ and SABIC earnings near term.
Auto end market strength could lift SABIC
· We rate IQ and SABIC shares Overweight. Raising our TP for SABIC to SAR120
Login Now to read and download the entire article
Not Registered with us yet? It’s quick, easy, and provides you with access to our research. Register for new account.