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Jefferies Trims Al Rajhi Bank's PT, Affirms Hold Rating

MT Newswires·08/19/2026 08:55:09
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08:55 AM EDT, 08/19/2026 (MT Newswires) -- Jefferies on Tuesday reduced the price target for Saudi Arabian lender Al Rajhi Bank (SASE:1120) to 66.00 Saudi riyals from 69.50 riyals and maintained its hold rating. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)