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HSBC Lowers Saudi Aramco's PT, Affirms Hold Rating
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08:27 AM EDT, 08/05/2026 (MT Newswires) -- HSBC on Wednesday decreased the price target for Saudi state-owned oil giant Saudi Arabian Oil Co (SASE:2222), d/b/a Saudi Aramco, to 29 Saudi riyals from 30.80 riyals and kept its rating at hold. (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)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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