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HSBC Raises Luberef PT, Affirms Buy Rating

MT Newswires·12/03/2025 08:44:45
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08:44 AM EST, 12/03/2025 (MT Newswires) -- HSBC on Wednesday increased the price target for base oil producer Saudi Aramco Base Oil Co. (SASE:2223), d/b/a Luberef, to 115 Saudi riyals from 107 riyals, while keeping its buy 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)