Arqaam Capital Downgrades Al Hassan Ghazi Ibrahim Shaker to Hold, Cuts PT

07:31 AM EST, 12/19/2025 (MT Newswires) -- Arqaam Capital on Thursday lowered Saudi Arabian air conditioning and home appliances manufacturer Al Hassan Ghazi Ibrahim Shaker (SASE:1214) to hold from buy and decreased its price target to 26.50 Saudi riyals from 36.50 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)