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Arqaam Capital Downgrades Saudi Ground Services to Sell, Cuts PT

MT Newswires·09/08/2026 08:37:43
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08:37 AM EDT, 09/08/2026 (MT Newswires) -- Arqaam Capital on Monday lowered passenger and aircraft ground-handling services company Saudi Ground Services (SASE:4031) to sell from buy and decreased its price target to 24 Saudi riyals from 47.50 riyals. (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)