** Shares in Air Arabia AIRA.DU plunged 7.8% to 1.06 dirhams in early trade on Monday after Saudi Arabia suspended travel from United Arab Emirates due to coronavirus concerns 

** With the session's losses, UAE's only listed airline has shed 24.3% so far this month

** Three of 7 brokerages covering the stock rate it at "buy" or higher, and four at "hold"; median PT is 1.57 dirhams - Refinitiv Eikon data

** Stock has fallen 32.9% year-to-date compared with a 25.1% fall in Dubai's index 

** .DFMGI was down 8.8% in early trade

(Reporting by Maqsood Alam in Bengaluru; Editing by Alexander Cornwell) ((Reuters Messaging: maqsood.alam.thomsonreuters.com@reuters.net))