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Al Rajhi Capital Cuts Sipchem's PT, Affirms Neutral Rating

MT Newswires·09/04/2026 08:34:30
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08:34 AM EDT, 09/04/2026 (MT Newswires) -- Al Rajhi Capital on Thursday decreased the price target for chemical company Sahara International Petrochemical Co. (SASE:2310), d/b/a Sipchem, to 13.50 Saudi riyals from 18.00 riyals and reiterated its neutral 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)