SALIK COMPANY P.J.
SALIK

DFM

Current Price
AED
AED (%)
Price Upon Recommendation
5.08 AED
Target Price from Recommendation

5.69 AED

+12.00%
Holding Period

From 3 to 6 months

Final Recommendation

Buy stock at the current price

Valid Until

July 15, 2025 at 11:59:59 PM

Risk Assessment

Medium

Confidence Score

85.00%

Potential Growth

12.00%

Investment Reason

SALIK is positioned to benefit from Dubai Financial Market's strong growth trajectory, driven by robust real estate and utility sectors. Analysts project continued outperformance amid favorable economic policies and increased investor confidence .

Overview
Recent Performance

SALIK's price surged 2.8% in Q1 2025, aligning with DFM's 27.1% index growth in 2024. Current price (5.08) shows resilience above the 50-day moving average .

Economic Factors

Dubai's GDP growth forecast of 4.5% in 2025 and rising tourism bolster SALIK's revenue streams .

Competitive Positioning

SALIK maintains a strategic advantage as a key player in Dubai's infrastructure development, supported by government initiatives and diversification efforts .

Analysis Summary

SALIK's alignment with Dubai's economic expansion, coupled with strong sectoral tailwinds, makes it a compelling buy. Target price reflects 12% upside potential within Q2 2025.

Key Points
  • Strategic alignment with Dubai's $50B infrastructure plan
  • 27.1% DFM index growth in 2024 signals market momentum
  • 12% upside potential to target price of 5.69
  • Strong Q1 2025 performance with 2.8% price surge
Recommendations