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FAB Keeps Pure Health Holding at Buy After Earnings Results

MT Newswires·11/12/2026 10:41:18
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10:41 AM EST, 11/12/2026 (MT Newswires) -- FAB Securities retained its investment view on Pure Health Holding (ADX:PUREHEALTH) following the Abu Dhabi-listed healthcare services company's earnings results. "We maintain our BUY rating on Pure Health with a target price of AED 5.00. PureHealth delivered a strong growth of 9.7% YOY to AED 1.7 Mn in 9M26 performance, demonstrating sustained profitability amid regulatory changes and revenue comparability impacts in UAE Care, alongside the moderation of earlier short-term headwinds," the research firm said in a first look note released Thursday. For the third quarter, Pure Health's net profit attributable to shareholders edged down 0.4% on a yearly basis to 519 million dirhams, while revenue jumped 16% over the period to 7.57 billion dirhams. FAB was expecting 535 million dirhams in attributable net profit and 8.03 billion dirhams in revenue.