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Abu Dhabi’s $21 Billion Holding Firm Gets First ‘Buy’ Rating (opens original article in a new tab)

TL;DR

Abu Dhabi's 2PointZero PJSC received its first 'buy' rating from First Abu Dhabi Bank, with a 46% gain potential, citing strong institutional support and digital integration.

  • First Abu Dhabi Bank assigned a 'buy' rating to 2PointZero PJSC, a $21 billion Abu Dhabi holding firm
  • Analysts cited strong institutional support, disciplined capital allocation, and AI-led digital integration as reasons for the rating
  • The bank set a 3.30 dirham price target, implying 46% potential gain from the last closing price of 2.26 dirhams

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