Dar Global Launches Trump Plaza Jeddah Valued Over $1 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: PRnewswire
- Project Launch: Dar Global officially launches Trump Plaza Jeddah, valued at over $1 billion, located within the Amaya development, marking the third collaboration with The Trump Organization and expected to redefine luxury urban living in Jeddah.
- Residential Offerings: The project features a variety of residential options, including fully furnished 1 to 3-bedroom Trump Executive Residences and 4-bedroom Trump Townhouses, blending modern convenience with luxury to meet the needs of global residents.
- Lifestyle Center: Trump Plaza includes a 4,000-square-meter Vitality Club equipped with golf simulators, a spa, and high-performance wellness spaces, aiming to provide a comprehensive living experience that enhances the project's appeal.
- Urban Ecosystem: This development is not a single-use project but a carefully curated urban ecosystem featuring a private park and world-class amenities, showcasing Saudi Arabia's growing significance as a global real estate destination.
Analyst Views on DAR
Wall Street analysts forecast DAR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DAR is 47.67 USD with a low forecast of 34.00 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 39.080
Low
34.00
Averages
47.67
High
60.00
Current: 39.080
Low
34.00
Averages
47.67
High
60.00
About DAR
Darling Ingredients Inc. is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a range of ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, animal feed, industrial, fuel, bioenergy and fertilizer industries. Its segments include Feed Ingredients, Food Ingredients and Fuel Ingredients. The Feed Ingredients segment includes its global activities related to the collection and processing of beef, poultry and pork animal by-products in North America, Europe and South America into non-food grade oils and protein meals, and others. The Food Ingredients segment includes its global activities related to the purchase and processing of beef and pork bone chips, beef hides, pig skins, and fish skins into collagen, and others. The Fuel Ingredients segment converts fats into renewable fuels/products, organic sludge and food waste into biogas, and fallen stock into low-grade energy sources.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
