FAB Tweaks ADNH Catering Price Target After Q2 Results

07:21 AM EDT, 07/22/2026 (MT Newswires) -- FAB Securities revised its price target on ADNH Catering (ADX:ADNHC) after the hospitality group released its financial statements for the second quarter. "We maintain a BUY rating on ADNH Catering PLC with a revised target price of AED 1.05. ADNHC delivered resilient operating performance in 2Q26 despite a challenging operating environment marked by geopolitical tensions, supply chain disruptions, inflationary pressures, and service suspensions across certain client segments. The Company's diversified business model, operational resilience, and effective procurement and supply chain management enabled it to mitigate the impact of market turbulence while maintaining service quality and profitability," analysts said Tuesday. ADNH Catering logged a 19.4% annual decrease in second-quarter attributable net profit to 28 million Emirati dirhams, which was lower than FAB's estimate of 39 million dirhams. Meanwhile, revenue rose 6.9% year over year to 457 million dirhams, compared with the research firm's 454 million-dirham estimate.